PPP Loan information for Terasci industries inc.

$196,200

Terasci industries inc. was initially approved for PPP Loan of amount $196,200, the current approved amount is $196,200. The loan was approved on 05/01/2020 by The Citibank, N.A. reported 16 jobs and $196,200 was used to fund payroll.

Terasci industries inc. is Existing or more than 2 years old

TERASCI INDUSTRIES INC.

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

TERASCI INDUSTRIES INC.

Borrower Address

5362 Production Drive

Borrower City

Huntington Beach

Borrower State

CA

Borrower Zip

92649

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196200.00

Current Approval Amount

196200.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Huntington Beach

Project County Name

ORANGE

Project State

CA

Project Zip

92649-1000

CD

CA-47

Jobs Reported

16

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

196200.00

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

Subchapter S Corporation

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198652.50

Forgiveness Date

08/05/2021

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