# PPP loan: TEG ENTERPRISES INC.
> **$194K** approved 04/09/2020 · Paid in Full · Loan `9166337000`
## Borrower
- **Name:** TEG ENTERPRISES INC.
- **Address:** 107 Gass Dr, GREENEVILLE, TN, 37745-4291
- **NAICS:** 531130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $7K
- **Utilities:** $3K
- **Health care:** $32K
- **Debt interest:** $2K
- **Jobs reported:** 20
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*