PPP Loan information for Terraces facility inc

$758,509

Terraces facility inc was initially approved for PPP Loan of amount $828,696, the current approved amount is $758,509. The loan was approved on 04/28/2020 by The Signature Bank reported 107 jobs and $758,509 was used to fund payroll.

Terraces facility inc is Existing or more than 2 years old

PPP Loan Search / FL / LAKE WORTH / Terraces facility inc

TERRACES FACILITY INC

Date Approved

04/28/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

TERRACES FACILITY INC

Borrower Address

1711 6TH AVENUE SOUTH

Borrower City

LAKE WORTH

Borrower State

FL

Borrower Zip

33460

Loan Status Date

05/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

828696.00

Current Approval Amount

758509.14

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE WORTH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33460-0001

CD

FL-22

Jobs Reported

107

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

758509.14

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

Limited Liability Company(LLC)

Originating Lender Location Id

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

768234.68

Forgiveness Date

08/19/2021

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