PPP Loan information for Terra gr inc

$380,800

Terra gr inc was initially approved for PPP Loan of amount $380,800, the current approved amount is $380,800. The loan was approved on 02/24/2021 by The First National Bank of Michigan reported 31 jobs and $380,800 was used to fund payroll.

Terra gr inc is Existing or more than 2 years old

TERRA GR INC

Date Approved

02/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TERRA GR INC

Borrower Address

1429 Lake Dr SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49506-1711

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

380800.00

Current Approval Amount

380800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49506-1711

CD

MI-03

Jobs Reported

31

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

380797.00

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

Subchapter S Corporation

Originating Lender Location Id

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

384722.76

Forgiveness Date

03/09/2022

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