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Teal Construction, Inc.

$925,645 PPP Loan in Dover, Delaware

Loan Details

Loan Number
6654777009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$925,645
Current Approval
$925,645
Forgiveness Amount
$930,590
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Teal Construction, Inc.
Address
612 Mary Street
City
Dover
State
Delaware
ZIP Code
19904-3024
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$22.3M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$886,645
Rent
$30,000
Utilities
$5,000
Debt Interest
$4,000

Lender Information

Servicing Lender
Wilmington Savings Fund Society, Fsb
Originating Lender
Wilmington Savings Fund Society, Fsb

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