# PPP loan: TEAK ISLE MANUFACTURING
> **$2.02M** approved 04/30/2020 · Paid in Full · Loan `4887987309`
## Borrower
- **Name:** TEAK ISLE MANUFACTURING
- **Address:** 401 Capitol Court,, Ocoee, FL, 34761
- **NAICS:** 336612
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.02M
- **Initial approval:** $2.02M
- **Forgiven:** $2.05M (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.02M
- **Jobs reported:** 240
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*