PPP Loan information for Terraxplorations, inc

$233,100

Terraxplorations, inc was initially approved for PPP Loan of amount $233,100, the current approved amount is $233,100. The loan was approved on 04/11/2020 by The SmartBank reported 38 jobs and $233,100 was used to fund payroll.

Terraxplorations, inc is Existing or more than 2 years old

TERRAXPLORATIONS, INC

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TERRAXPLORATIONS, INC

Borrower Address

3300 Universal Heights Road

Borrower City

TUSCALOOSA

Borrower State

AL

Borrower Zip

35404-1346

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233100.00

Current Approval Amount

233100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TUSCALOOSA

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35404-1346

CD

AL-07

Jobs Reported

38

NAICS Code

541690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

233100.00

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

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

234712.27

Forgiveness Date

12/23/2020

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