Tern, INC

$185,000 PPP Loan in Brooklin, Maine

Loan Details

Loan Number
7293127000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$185,000
Current Approval
$185,000
Forgiveness Amount
$186,059
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Tern, INC
Address
355 Flye Point Rd Po Box 217
State
Maine
ZIP Code
04616-3226
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423910)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$185,000

Lender Information

Servicing Lender
Bar Harbor Bank & Trust
Originating Lender
Bar Harbor Bank & Trust

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