# PPP loan: TOTAL ENVIRONMENTAL CONCEPTS, INC.
> **$879K** approved 04/10/2020 · Paid in Full · Loan `2226777102`
## Borrower
- **Name:** TOTAL ENVIRONMENTAL CONCEPTS, INC.
- **Address:** 15 Park Ave., Gaithersburg, MD, 20877
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $879K
- **Initial approval:** $879K
- **Forgiven:** $886K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $879K
- **Jobs reported:** 66
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*