PPP Loan information for Tessy plastics llc

$1,826,300

Tessy plastics llc was initially approved for PPP Loan of amount $1,826,300, the current approved amount is $1,826,300. The loan was approved on 04/06/2020 by The Select Bank reported 197 jobs and $1,826,300 was used to fund payroll.

Tessy plastics llc is Existing or more than 2 years old

TESSY PLASTICS LLC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TESSY PLASTICS LLC

Borrower Address

213 Jefferson Ridge Pkwy

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-6952

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1826300.00

Current Approval Amount

1826300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447640

Servicing Lender Name

Select Bank

Servicing Lender Address

211 Gristmill Dr

Servicing Lender City

FOREST

Servicing Lender State

VA

Servicing Lender Zip

24551-2605

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-6952

CD

VA-05

Jobs Reported

197

NAICS Code

325211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1826300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

447640

Originating Lender

Select Bank

Originating Lender City

FOREST

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1848665.92

Forgiveness Date

07/09/2021

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