PPP Loan information for Terrace ridge assisted living inc.

$195,300

Terrace ridge assisted living inc. was initially approved for PPP Loan of amount $195,300, the current approved amount is $195,300. The loan was approved on 04/10/2020 by The Peoples Bank reported 38 jobs and $195,300 was used to fund payroll.

Terrace ridge assisted living inc. is Existing or more than 2 years old

PPP Loan Search / NC / GASTONIA / Terrace ridge assisted living inc.

TERRACE RIDGE ASSISTED LIVING INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TERRACE RIDGE ASSISTED LIVING INC.

Borrower Address

1251 East Hudson Blvd

Borrower City

GASTONIA

Borrower State

NC

Borrower Zip

28054-6102

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195300.00

Current Approval Amount

195300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GASTONIA

Project County Name

GASTON

Project State

NC

Project Zip

28054-6102

CD

NC-14

Jobs Reported

38

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195300.00

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

Corporation

Originating Lender Location Id

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

197052.27

Forgiveness Date

03/11/2021

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