# PPP loan: TERPENING TERRACE LLC
> **$285K** approved 04/13/2020 · Paid in Full · Loan `5448407106`
## Borrower
- **Name:** TERPENING TERRACE LLC
- **Address:** 50 RUBY AVE, EUGENE, OR, 97404-1998
- **NAICS:** 623312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $10K
- **Utilities:** $5K
- **Jobs reported:** 55
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*