PPP Loan information for Tern, inc

$185,000

Tern, inc was initially approved for PPP Loan of amount $185,000, the current approved amount is $185,000. The loan was approved on 04/07/2020 by The Bar Harbor Bank & Trust reported 18 jobs and $185,000 was used to fund payroll.

Tern, inc is Existing or more than 2 years old

PPP Loan Search / ME / BROOKLIN / Tern, inc

TERN, INC

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

TERN, INC

Borrower Address

355 Flye Point Rd PO Box 217

Borrower City

BROOKLIN

Borrower State

ME

Borrower Zip

04616-3226

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185000.00

Current Approval Amount

185000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29575

Servicing Lender Name

Bar Harbor Bank & Trust

Servicing Lender Address

82 Main St

Servicing Lender City

BAR HARBOR

Servicing Lender State

ME

Servicing Lender Zip

04609-1840

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLIN

Project County Name

HANCOCK

Project State

ME

Project Zip

04616-3226

CD

ME-02

Jobs Reported

18

NAICS Code

423910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

185000.00

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

29575

Originating Lender

Bar Harbor Bank & Trust

Originating Lender City

BAR HARBOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

186058.61

Forgiveness Date

11/03/2020

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