PPP Loan information for Terraworks inc.

$304,118

Terraworks inc. was initially approved for PPP Loan of amount $304,118, the current approved amount is $304,118. The loan was approved on 04/07/2020 by The Cache Valley Bank reported 30 jobs and $304,118 was used to fund payroll.

Terraworks inc. is Existing or more than 2 years old

PPP Loan Search / UT / BOUNTIFUL / Terraworks inc.

TERRAWORKS INC.

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

TERRAWORKS INC.

Borrower Address

570 E 900 N

Borrower City

BOUNTIFUL

Borrower State

UT

Borrower Zip

84010-3551

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304118.11

Current Approval Amount

304118.11

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

BOUNTIFUL

Project County Name

DAVIS

Project State

UT

Project Zip

84010-3551

CD

UT-02

Jobs Reported

30

NAICS Code

541320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

4026.00

Payroll Proceed

291092.11

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

306077.98

Forgiveness Date

12/02/2020

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