# PPP loan: TEAL LOGISTICS NC LLC
> **$524K** approved 04/13/2020 · Paid in Full · Loan `5348867107`
## Borrower
- **Name:** TEAL LOGISTICS NC LLC
- **Address:** 1415 Holloway St, Durham, NC, 27703-2125
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $524K
- **Initial approval:** $524K
- **Forgiven:** $528K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $524K
- **Jobs reported:** 62
## Lender
- **Originating:** The Bancorp Bank National Association
- **Servicing:** The Bancorp Bank National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*