PPP Loan information for Teds, inc

$300,800

Teds, inc was initially approved for PPP Loan of amount $300,800, the current approved amount is $300,800. The loan was approved on 04/04/2020 by The The Bank of Marion reported 21 jobs and $300,800 was used to fund payroll.

Teds, inc is Existing or more than 2 years old

PPP Loan Search / VA / MARION / Teds, inc

TEDS, INC

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TEDS, INC

Borrower Address

235 Mountain Empire Rd.

Borrower City

MARION

Borrower State

VA

Borrower Zip

24354

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300800.00

Current Approval Amount

300800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

SMYTH

Project State

VA

Project Zip

24354-0001

CD

VA-09

Jobs Reported

21

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

225800.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

5000

Business Type

Corporation

Originating Lender Location Id

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

304467.29

Forgiveness Date

06/30/2021

;