Teds, INC
$300,800 PPP Loan in Marion, Virginia
Loan Details
- Loan Number
- 5048187004
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $300,800
- Current Approval
- $300,800
- Forgiveness Amount
- $304,467
- Forgiveness Date
- Jun 30, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Teds, INC
- Address
- 235 Mountain Empire Rd.
- City
- Marion
- State
- Virginia
- ZIP Code
- 24354
- Business Type
- Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541519)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 21
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- VA-09
Loan Use Breakdown
- Payroll
- $225,800
- Rent
- $15,000
- Utilities
- $15,000
- Health Care
- $40,000
- Debt Interest
- $5,000
Lender Information
- Servicing Lender
- The Bank of Marion
- Originating Lender
- The Bank of Marion
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|---|---|---|
| Marion Mold & Tool Inc. | $711,860 |  Research |
| Marion Mold & Tool INC | $711,800 | Research |
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