PPP Loan information for Terra-mechanics inc

$57,564

Terra-mechanics inc was initially approved for PPP Loan of amount $57,564, the current approved amount is $57,564. The loan was approved on 01/16/2021 by The Mars Bank reported 6 jobs and $57,564 was used to fund payroll.

Terra-mechanics inc is Existing or more than 2 years old

TERRA-MECHANICS INC

Date Approved

01/16/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

TERRA-MECHANICS INC

Borrower Address

1339 Middle Road Ext

Borrower City

Gibsonia

Borrower State

PA

Borrower Zip

15044-7986

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57563.94

Current Approval Amount

57563.94

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61021

Servicing Lender Name

Mars Bank

Servicing Lender Address

145 Grand Ave

Servicing Lender City

MARS

Servicing Lender State

PA

Servicing Lender Zip

16046

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gibsonia

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15044-7986

CD

PA-17

Jobs Reported

6

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

57558.94

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

61021

Originating Lender

Mars Bank

Originating Lender City

MARS

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

57938.11

Forgiveness Date

09/14/2021

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