# PPP loan: TEA BROS INC.
> **$160K** approved 04/30/2020 · Paid in Full · Loan `7569437306`
## Borrower
- **Name:** TEA BROS INC.
- **Address:** 3850 E. Barranca Pkwy #E, Irvine, CA, 92606-1202
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Rent:** $21K
- **Utilities:** $19K
- **Jobs reported:** 28
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*