# PPP loan: TERRA GR, INC.
> **$248K** approved 04/06/2020 · Paid in Full · Loan `5999907001`
## Borrower
- **Name:** TERRA GR, INC.
- **Address:** 1429 Lake Drive SE, GRAND RAPIDS, MI, 49506-1711
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 46
## Lender
- **Originating:** First National Bank of Michigan
- **Servicing:** First National Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*