Date Approved
01/22/2021
SBA Office Code
0920
Processing Method
PPS
Borrower Name
TERASCI INDUSTRIES INC.
Borrower Address
5362 Production Dr
Borrower City
Huntington Beach
Borrower State
CA
Borrower Zip
92649-1523
Loan Status Date
05/14/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
196200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
49274
Servicing Lender Name
Citibank, N.A.
Servicing Lender Address
5800 S. Corporate Place
Servicing Lender City
Sioux Falls
Servicing Lender State
SD
Servicing Lender Zip
57108
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ORANGE
Project State
Project Zip
CD
CA-47
Jobs Reported
16
NAICS Code
541519
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
196196.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
198565.30
Forgiveness Date
04/12/2022