# PPP loan: TEAMBUILD INC
> **$348K** approved 04/06/2020 · Exemption 4 · Loan `5906817000`
## Borrower
- **Name:** TEAMBUILD INC
- **Address:** 240 PLEASANT ST, METHUEN, MA, 01844-7115
- **NAICS:** 488210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $154K (44%)
- **Forgiveness date:** 02/25/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $328K
- **Rent:** $10K
- **Utilities:** $10K
- **Jobs reported:** 70
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*