PPP Loan information for Term enterprise, inc.

$164,110

Term enterprise, inc. was initially approved for PPP Loan of amount $164,110, the current approved amount is $164,110. The loan was approved on 04/12/2020 by The Hanover Community Bank reported 20 jobs and $164,110 was used to fund payroll.

Term enterprise, inc. is Existing or more than 2 years old

TERM ENTERPRISE, INC.

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TERM ENTERPRISE, INC.

Borrower Address

PO Box 1262

Borrower City

Morristown

Borrower State

NJ

Borrower Zip

07962

Loan Status Date

05/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164110.00

Current Approval Amount

164110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

MORRIS

Project State

NJ

Project Zip

07962-1001

CD

NJ-11

Jobs Reported

20

NAICS Code

453210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

164110.00

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

165277.00

Forgiveness Date

01/07/2021

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