PPP Loan information for The terrace foundation

$83,160

The terrace foundation was initially approved for PPP Loan of amount $83,160, the current approved amount is $83,160. The loan was approved on 02/17/2021 by The Mechanics Bank reported 9 jobs and $83,160 was used to fund payroll.

The terrace foundation is Existing or more than 2 years old

THE TERRACE FOUNDATION

Date Approved

02/17/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

THE TERRACE FOUNDATION

Borrower Address

649 Pilgrim Terrace Dr

Borrower City

Santa Barbara

Borrower State

CA

Borrower Zip

93101-3960

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83160.00

Current Approval Amount

83160.00

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

93101-3960

CD

CA-24

Jobs Reported

9

NAICS Code

624210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

83158.00

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

83589.66

Forgiveness Date

08/25/2021

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