PPP Loan information for Tesecon, inc.

$625,800

Tesecon, inc. was initially approved for PPP Loan of amount $625,800, the current approved amount is $625,800. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 54 jobs and $625,800 was used to fund payroll.

Tesecon, inc. is Existing or more than 2 years old

PPP Loan Search / AL / MOBILE / Tesecon, inc.

TESECON, INC.

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TESECON, INC.

Borrower Address

660 Loeffler St

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36607-1349

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

625800.00

Current Approval Amount

625800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36607-1349

CD

AL-01

Jobs Reported

54

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4491.00

Payroll Proceed

585806.00

Mortgage Interest Proceed

0.00

Rent Proceed

16387.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

19116

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

631049.77

Forgiveness Date

02/11/2021

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