PPP Loan information for Terra forma development company

$25,922

Terra forma development company was initially approved for PPP Loan of amount $25,922, the current approved amount is $25,922. The loan was approved on 04/27/2020 by The Cache Valley Bank reported 5 jobs and $25,922 was used to fund payroll.

Terra forma development company is Existing or more than 2 years old

TERRA FORMA DEVELOPMENT COMPANY

Date Approved

04/27/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

TERRA FORMA DEVELOPMENT COMPANY

Borrower Address

1662 MOUNTAIN RD

Borrower City

LOGAN

Borrower State

UT

Borrower Zip

84321-6743

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25922.00

Current Approval Amount

25922.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOGAN

Project County Name

CACHE

Project State

UT

Project Zip

84321-6743

CD

UT-01

Jobs Reported

5

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

20000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

922.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26183.38

Forgiveness Date

04/28/2021

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