# PPP loan: TERVES LLC
> **$501K** approved 01/16/2021 · Paid in Full · Loan `1123608303`
## Borrower
- **Name:** TERVES LLC
- **Address:** 24112 Rockwell Dr, Euclid, OH, 44117-1252
- **NAICS:** 331491
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $507K (101%)
- **Forgiveness date:** 04/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $501K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** T Bank, National Association
- **Servicing:** T Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*