# PPP loan: TEACHER CREATED MATERIALS, INC.
> **$3.49M** approved 04/29/2020 · Paid in Full · Loan `3091477309`
## Borrower
- **Name:** TEACHER CREATED MATERIALS, INC.
- **Address:** 5301 Oceanus Dr., Huntington, CA, 92649-1030
- **NAICS:** 511130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.49M
- **Initial approval:** $3.49M
- **Forgiven:** $3.53M (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.79M
- **Mortgage interest:** $698K
- **Jobs reported:** 192
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*