# PPP loan: TEB VB INC
> **$220K** approved 04/09/2020 · Paid in Full · Loan `1142547101`
## Borrower
- **Name:** TEB VB INC
- **Address:** 1716 South Park Court, Suite G, CHESAPEAKE, VA, 23320-8910
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 51
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*