PPP Loan information for Teras inc

$111,000

Teras inc was initially approved for PPP Loan of amount $111,000, the current approved amount is $111,000. The loan was approved on 04/08/2020 by The Hanmi Bank reported 12 jobs and $111,000 was used to fund payroll.

Teras inc is Existing or more than 2 years old

TERAS INC

Date Approved

04/08/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

TERAS INC

Borrower Address

8220 HAVEN AVE., #102

Borrower City

RANCHO CUCAMONGA

Borrower State

CA

Borrower Zip

91730-1769

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111000.00

Current Approval Amount

111000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5597

Servicing Lender Name

Hanmi Bank

Servicing Lender Address

3660 Wilshire Blvd, PH-A

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010-2719

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RANCHO CUCAMONGA

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91730-1769

CD

CA-35

Jobs Reported

12

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

111000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

5597

Originating Lender

Hanmi Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112447.56

Forgiveness Date

08/10/2021

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