# PPP loan: KOALA TEE INC. (U.S.A.)
> **$250K** approved 03/24/2021 · Paid in Full · Loan `8089068609`
## Borrower
- **Name:** KOALA TEE INC. (U.S.A.)
- **Address:** 2160 17th St, Sarasota, FL, 34234-7654
- **NAICS:** 323113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*