# PPP loan: TEAMCFO INC.
> **$156K** approved 04/28/2020 · Paid in Full · Loan `6581847200`
## Borrower
- **Name:** TEAMCFO INC.
- **Address:** 550 South Hope Street, Los Angeles, CA, 90071
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $117K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 8
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*