PPP Loan information for Terns llc

$176,422

Terns llc was initially approved for PPP Loan of amount $176,422, the current approved amount is $176,422. The loan was approved on 02/19/2021 by The Wells Fargo Bank, National Association reported 9 jobs and $176,422 was used to fund payroll.

Terns llc is Existing or more than 2 years old

TERNS LLC

Date Approved

02/19/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

TERNS LLC

Borrower Address

1610 Village Market Blvd SE Ste 100

Borrower City

Leesburg

Borrower State

VA

Borrower Zip

20175-4675

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176422.00

Current Approval Amount

176422.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leesburg

Project County Name

LOUDOUN

Project State

VA

Project Zip

20175-4675

CD

VA-10

Jobs Reported

9

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

176420.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

177809.21

Forgiveness Date

12/07/2021

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