# PPP loan: TELI'S INC
> **$160K** approved 04/03/2020 · Paid in Full · Loan `4488667005`
## Borrower
- **Name:** TELI'S INC
- **Address:** 314 3rd Street S, COLD SPRING, MN, 56320-1608
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Rent:** $24K
- **Utilities:** $16K
- **Jobs reported:** 62
## Lender
- **Originating:** Sentry Bank
- **Servicing:** Sentry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*