PPP Loan information for Tekscan, inc.

$1,872,800

Tekscan, inc. was initially approved for PPP Loan of amount $1,872,800, the current approved amount is $1,872,800. The loan was approved on 04/06/2020 by The Needham Bank reported 90 jobs and $1,872,800 was used to fund payroll.

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

PPP Loan Search / MA / SOUTH BOSTON / Tekscan, inc.

TEKSCAN, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TEKSCAN, INC.

Borrower Address

307 W 1ST ST

Borrower City

SOUTH BOSTON

Borrower State

MA

Borrower Zip

02127-1309

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1872800.00

Current Approval Amount

1872800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BOSTON

Project County Name

SUFFOLK

Project State

MA

Project Zip

02127-1309

CD

MA-08

Jobs Reported

90

NAICS Code

541490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1872800.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1882424.11

Forgiveness Date

11/03/2020

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