# PPP loan: TEEMS ELECTRIC COMPANY INC
> **$894K** approved 04/10/2020 · Paid in Full · Loan `1861067106`
## Borrower
- **Name:** TEEMS ELECTRIC COMPANY INC
- **Address:** 6362 Battlefield Parkway, Ringgold, GA, 30736-1008
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $894K
- **Initial approval:** $894K
- **Forgiven:** $900K (101%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $894K
- **Jobs reported:** 81
## Lender
- **Originating:** Builtwell Bank
- **Servicing:** Builtwell Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*