PPP Loan information for Terracom systems inc.

$119,100

Terracom systems inc. was initially approved for PPP Loan of amount $119,100, the current approved amount is $119,100. The loan was approved on 04/27/2020 by The Texas Bank reported 12 jobs and $119,100 was used to fund payroll.

Terracom systems inc. is Existing or more than 2 years old

TERRACOM SYSTEMS INC.

Date Approved

04/27/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

TERRACOM SYSTEMS INC.

Borrower Address

11955 TELLER ST

Borrower City

BROOMFIELD

Borrower State

CO

Borrower Zip

80020-2835

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119100.00

Current Approval Amount

119100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69112

Servicing Lender Name

Texas Bank

Servicing Lender Address

400 Fisk Ave

Servicing Lender City

BROWNWOOD

Servicing Lender State

TX

Servicing Lender Zip

76801-2930

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOMFIELD

Project County Name

BROOMFIELD

Project State

CO

Project Zip

80020-2835

CD

CO-07

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29775.00

Payroll Proceed

89325.00

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

69112

Originating Lender

Texas Bank

Originating Lender City

BROWNWOOD

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120314.16

Forgiveness Date

05/10/2021

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