# PPP loan: TED'S ENTERPRISES, INC.
> **$223K** approved 04/07/2020 · Paid in Full · Loan `6616617006`
## Borrower
- **Name:** TED'S ENTERPRISES, INC.
- **Address:** 17827 Virginia Ave., HAGERSTOWN, MD, 21740-7242
- **NAICS:** 532490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Jobs reported:** 28
## Lender
- **Originating:** Middletown Valley Bank
- **Servicing:** Middletown Valley Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*