# PPP loan: TEALWOOD ENTERPRISES INC
> **$3.97M** approved 04/15/2020 · Paid in Full · Loan `8757647105`
## Borrower
- **Name:** TEALWOOD ENTERPRISES INC
- **Address:** 7400 WEST 109TH STREET, Bloomington, MN, 55438
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.97M
- **Initial approval:** $3.97M
- **Forgiven:** $4.05M (102%)
- **Forgiveness date:** 05/02/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.97M
- **Jobs reported:** 500
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*