# PPP loan: MIKE & TERESA, INC.
> **$243K** approved 04/13/2020 · Paid in Full · Loan `5073907106`
## Borrower
- **Name:** MIKE & TERESA, INC.
- **Address:** 905 US HIGHWAY 27, CYNTHIANA, KY, 41031-5991
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Utilities:** $61K
- **Jobs reported:** 70
## Lender
- **Originating:** Field & Main Bank
- **Servicing:** Field & Main Bank (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*