# PPP loan: TB TEAM LANDSCAPING INC
> **$660K** approved 05/06/2020 · Charged Off · Loan `3040197406`
## Borrower
- **Name:** TB TEAM LANDSCAPING INC
- **Address:** 1634 MCLEAN CT, TOMS RIVER, NJ, 08755-1405
- **NAICS:** 111998
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $495K
- **Rent:** $83K
- **Utilities:** $83K
- **Jobs reported:** 47
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*