PPP Loan information for Teros inc

$25,849

Teros inc was initially approved for PPP Loan of amount $25,849, the current approved amount is $25,849. The loan was approved on 03/31/2021 by The Spencer Savings Bank, SLA reported 3 jobs and $25,849 was used to fund payroll.

Teros inc is Existing or more than 2 years old

PPP Loan Search / NJ / Lyndhurst / Teros inc

TEROS INC

Date Approved

03/31/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TEROS INC

Borrower Address

224 Ridge Rd

Borrower City

Lyndhurst

Borrower State

NJ

Borrower Zip

07071-1662

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25849.38

Current Approval Amount

25849.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85804

Servicing Lender Name

Spencer Savings Bank, SLA

Servicing Lender Address

611 River Dr

Servicing Lender City

ELMWOOD PARK

Servicing Lender State

NJ

Servicing Lender Zip

07407-1325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lyndhurst

Project County Name

BERGEN

Project State

NJ

Project Zip

07071-1662

CD

NJ-09

Jobs Reported

3

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

25847.38

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

85804

Originating Lender

Spencer Savings Bank, SLA

Originating Lender City

ELMWOOD PARK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26026.43

Forgiveness Date

12/22/2021

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