# PPP loan: TEB VB INC.
> **$307K** approved 02/18/2021 · Paid in Full · Loan `9861268404`
## Borrower
- **Name:** TEB VB INC.
- **Address:** 2129 General Booth Blvd, Virginia Beach, VA, 23454-5872
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $309K (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Jobs reported:** 40
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*