# PPP loan: TED VENTURES
> **$2.57M** approved 04/07/2020 · Paid in Full · Loan `7128307002`
## Borrower
- **Name:** TED VENTURES
- **Address:** 112 N 8th St. ste A, MIDLOTHIAN, TX, 76065-2942
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.57M
- **Initial approval:** $2.57M
- **Forgiven:** $2.60M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.57M
- **Jobs reported:** 117
## Lender
- **Originating:** Spectra Bank
- **Servicing:** Spectra Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*