# PPP loan: TEAL CONSTRUCTION, INC.
> **$926K** approved 04/07/2020 · Paid in Full · Loan `6654777009`
## Borrower
- **Name:** TEAL CONSTRUCTION, INC.
- **Address:** 612 Mary Street, DOVER, DE, 19904-3024
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $926K
- **Initial approval:** $926K
- **Forgiven:** $931K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $887K
- **Rent:** $30K
- **Utilities:** $5K
- **Debt interest:** $4K
- **Jobs reported:** 72
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*