PPP Loan information for Ternion corporation

$261,590

Ternion corporation was initially approved for PPP Loan of amount $261,590, the current approved amount is $261,590. The loan was approved on 02/10/2021 by The Redstone FCU reported 15 jobs and $261,590 was used to fund payroll.

Ternion corporation is Existing or more than 2 years old

PPP Loan Search / AL / Huntsville / Ternion corporation

TERNION CORPORATION

Date Approved

02/10/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TERNION CORPORATION

Borrower Address

2223 Drake Ave SW

Borrower City

Huntsville

Borrower State

AL

Borrower Zip

35805-5111

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

261590.22

Current Approval Amount

261590.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

91061

Servicing Lender Name

Redstone FCU

Servicing Lender Address

220 Wynn Dr

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35893-0001

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Huntsville

Project County Name

MADISON

Project State

AL

Project Zip

35805-5111

CD

AL-05

Jobs Reported

15

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

261588.22

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

91061

Originating Lender

Redstone FCU

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

262650.91

Forgiveness Date

07/19/2021

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