PPP Loan information for Terramai inc

$805,700

Terramai inc was initially approved for PPP Loan of amount $805,700, the current approved amount is $805,700. The loan was approved on 04/28/2020 by The People's Bank of Commerce reported 68 jobs and $805,700 was used to fund payroll.

Terramai inc is Existing or more than 2 years old

PPP Loan Search / OR / WHITE CITY / Terramai inc

TERRAMAI INC

Date Approved

04/28/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

TERRAMAI INC

Borrower Address

8400 Agate Rd

Borrower City

WHITE CITY

Borrower State

OR

Borrower Zip

97503-1009

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

805700.00

Current Approval Amount

805700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE CITY

Project County Name

JACKSON

Project State

OR

Project Zip

97503-1009

CD

OR-02

Jobs Reported

68

NAICS Code

423310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26400.00

Payroll Proceed

697800.00

Mortgage Interest Proceed

20000.00

Rent Proceed

61500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

811384.66

Forgiveness Date

01/11/2021

;