# PPP loan: TEEL CONSTRUCTION INC
> **$1.23M** approved 01/20/2021 · Paid in Full · Loan `1991068307`
## Borrower
- **Name:** TEEL CONSTRUCTION INC
- **Address:** 3920 University Dr, Fairfax, VA, 22030-2507
- **NAICS:** 236220
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.23M
- **Jobs reported:** 61
## Lender
- **Originating:** MainStreet Bank
- **Servicing:** MainStreet Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*