PPP Loan information for Terrific inc

$597,602

Terrific inc was initially approved for PPP Loan of amount $597,602, the current approved amount is $597,602. The loan was approved on 02/23/2021 by The Sandy Spring Bank reported 36 jobs and $597,602 was used to fund payroll.

Terrific inc is Existing or more than 2 years old

TERRIFIC INC

Date Approved

02/23/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

TERRIFIC INC

Borrower Address

1222 T St NW

Borrower City

Washington

Borrower State

DC

Borrower Zip

20009-4462

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

597602.00

Current Approval Amount

597602.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20009-4462

CD

DC-

Jobs Reported

36

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

597596.00

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

Non-Profit Organization

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

601122.12

Forgiveness Date

12/14/2021

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