# PPP loan: TEEL & GAY PLC
> **$156K** approved 04/15/2020 · Paid in Full · Loan `8782397104`
## Borrower
- **Name:** TEEL & GAY PLC
- **Address:** 425 E BALTIMORE ST, JACKSON, TN, 38301-6387
- **NAICS:** 541110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $117K
- **Rent:** $39K
- **Jobs reported:** 11
## Lender
- **Originating:** First Freedom Bank
- **Servicing:** First Freedom Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*