PPP Loan information for Tealwood management llc

$2,571,600

Tealwood management llc was initially approved for PPP Loan of amount $2,571,600, the current approved amount is $2,571,600. The loan was approved on 04/04/2020 by The Choice Financial Group reported 250 jobs and $2,571,600 was used to fund payroll.

Tealwood management llc is Existing or more than 2 years old

TEALWOOD MANAGEMENT LLC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TEALWOOD MANAGEMENT LLC

Borrower Address

7400 West 109th Street

Borrower City

BLOOMINGTON

Borrower State

MN

Borrower Zip

55438-2374

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2571600.00

Current Approval Amount

2571600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

HENNEPIN

Project State

MN

Project Zip

55438-2374

CD

MN-03

Jobs Reported

250

NAICS Code

623311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2571600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2601191.01

Forgiveness Date

06/11/2021

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