# PPP loan: TEDDY MAROONS II, LLC
> **$220K** approved 04/11/2020 · Paid in Full · Loan `3606487105`
## Borrower
- **Name:** TEDDY MAROONS II, LLC
- **Address:** 2301 INGERSOLL AVE, DES MOINES, IA, 50312-5231
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Rent:** $21K
- **Utilities:** $6K
- **Jobs reported:** 18
## Lender
- **Originating:** Lincoln Savings Bank
- **Servicing:** Lincoln Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*