# PPP loan: TERRAFIRMA CONTRACTING INC.
> **$151K** approved 05/05/2021 · Exemption 4 · Loan `7119398905`
## Borrower
- **Name:** TERRAFIRMA CONTRACTING INC.
- **Address:** 797 S River Ridge Ln, Spanish Fork, UT, 84660-4712
- **NAICS:** 238190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $107K (71%)
- **Forgiveness date:** 07/21/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 16
## Lender
- **Originating:** Central Bank
- **Servicing:** Central Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*