PPP Loan information for The terrace foundation

$66,562

The terrace foundation was initially approved for PPP Loan of amount $66,562, the current approved amount is $66,562. The loan was approved on 04/15/2020 by The Mechanics Bank reported 11 jobs and $66,562 was used to fund payroll.

The terrace foundation is Existing or more than 2 years old

PPP Loan Search / CA / SANTA BARBARA / The terrace foundation

THE TERRACE FOUNDATION

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

THE TERRACE FOUNDATION

Borrower Address

649 PILGRIM TERRACE DR

Borrower City

SANTA BARBARA

Borrower State

CA

Borrower Zip

93101

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66562.00

Current Approval Amount

66562.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANTA BARBARA

Project County Name

SANTA BARBARA

Project State

CA

Project Zip

93101-0400

CD

CA-24

Jobs Reported

11

NAICS Code

624120

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66562.00

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

Professional Association

Originating Lender Location Id

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

67257.20

Forgiveness Date

05/06/2021

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