# PPP loan: TERRIFIC INC
> **$598K** approved 02/23/2021 · Paid in Full · Loan `3160308501`
## Borrower
- **Name:** TERRIFIC INC
- **Address:** 1222 T St NW, Washington, DC, 20009-4462
- **NAICS:** 813319
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $598K
- **Initial approval:** $598K
- **Forgiven:** $601K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $598K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*