# PPP loan: TEDA INC
> **$171K** approved 04/07/2020 · Paid in Full · Loan `7626097003`
## Borrower
- **Name:** TEDA INC
- **Address:** 57065 GRATIOT AVE, NEW HAVEN, MI, 48048-2683
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 67
## Lender
- **Originating:** Eastern Michigan Bank
- **Servicing:** Eastern Michigan Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*