# PPP loan: TB VENTURES, INC
> **$175K** approved 04/07/2020 · Paid in Full · Loan `6691957003`
## Borrower
- **Name:** TB VENTURES, INC
- **Address:** 11485 AVERY DR, INVER GROVE HEIGHTS, MN, 55077-5483
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $30K
- **Utilities:** $5K
- **Jobs reported:** 62
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*