# PPP loan: T-E INCORPORATED
> **$452K** approved 04/05/2020 · Paid in Full · Loan `5334807001`
## Borrower
- **Name:** T-E INCORPORATED
- **Address:** 8620 BLUFFTON RD, FORT WAYNE, IN, 46809-3024
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $452K
- **Initial approval:** $452K
- **Forgiven:** $455K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $439K
- **Mortgage interest:** $5K
- **Utilities:** $7K
- **Jobs reported:** 32
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*