# PPP loan: TED JACOB ENGINEERING GROUP INC
> **$635K** approved 04/13/2020 · Paid in Full · Loan `4205667104`
## Borrower
- **Name:** TED JACOB ENGINEERING GROUP INC
- **Address:** 1763 BROADWAY, OAKLAND, CA, 94612-2105
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $635K
- **Initial approval:** $635K
- **Forgiven:** $641K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $508K
- **Mortgage interest:** $127K
- **Jobs reported:** 31
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*