PPP Loan information for Teramore development, llc

$630,000

Teramore development, llc was initially approved for PPP Loan of amount $630,000, the current approved amount is $630,000. The loan was approved on 04/05/2020 by The Thomasville National Bank reported 40 jobs and $630,000 was used to fund payroll.

Teramore development, llc is Existing or more than 2 years old

PPP Loan Search / GA / THOMASVILLE / Teramore development, llc

TERAMORE DEVELOPMENT, LLC

Date Approved

04/05/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

TERAMORE DEVELOPMENT, LLC

Borrower Address

165 Big Star Dr

Borrower City

THOMASVILLE

Borrower State

GA

Borrower Zip

31757-7708

Loan Status Date

06/25/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

630000.00

Current Approval Amount

630000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119679

Servicing Lender Name

Thomasville National Bank

Servicing Lender Address

301 N Broad St

Servicing Lender City

THOMASVILLE

Servicing Lender State

GA

Servicing Lender Zip

31792-5118

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THOMASVILLE

Project County Name

THOMAS

Project State

GA

Project Zip

31757-7708

CD

GA-02

Jobs Reported

40

NAICS Code

531390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

504000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

56000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119679

Originating Lender

Thomasville National Bank

Originating Lender City

THOMASVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

624236.67

Forgiveness Date

12/17/2020

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