# PPP loan: TEU SERVICES INC.
> **$190K** approved 02/20/2021 · Paid in Full · Loan `2476518507`
## Borrower
- **Name:** TEU SERVICES INC.
- **Address:** 228 Washington St, Kerrville, TX, 78028-5325
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $153K (81%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $190K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*