# PPP loan: TEA RESTAURANTS LLC
> **$225K** approved 04/27/2020 · Paid in Full · Loan `3621637209`
## Borrower
- **Name:** TEA RESTAURANTS LLC
- **Address:** 43 LATHAM CT, DOYLESTOWN, PA, 18901-2645
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Jobs reported:** 66
## Lender
- **Originating:** The First National Bank and Trust Company of Newtown
- **Servicing:** The First National Bank and Trust Company of Newtown (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*