PPP Loan information for Tessa precision products inc

$652,725

Tessa precision products inc was initially approved for PPP Loan of amount $652,725, the current approved amount is $652,725. The loan was approved on 04/27/2020 by The Anchor State Bank reported 48 jobs and $652,725 was used to fund payroll.

Tessa precision products inc is Existing or more than 2 years old

PPP Loan Search / OH / Painesville / Tessa precision products inc

TESSA PRECISION PRODUCTS INC

Date Approved

04/27/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

TESSA PRECISION PRODUCTS INC

Borrower Address

850 Callendar Blvd

Borrower City

Painesville

Borrower State

OH

Borrower Zip

44077-1218

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

652725.00

Current Approval Amount

652725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20220

Servicing Lender Name

Anchor State Bank

Servicing Lender Address

246 2nd St

Servicing Lender City

ANCHOR

Servicing Lender State

IL

Servicing Lender Zip

61720

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Painesville

Project County Name

LAKE

Project State

OH

Project Zip

44077-1218

CD

OH-14

Jobs Reported

48

NAICS Code

336419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32839.00

Payroll Proceed

573911.00

Mortgage Interest Proceed

0.00

Rent Proceed

45975.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20220

Originating Lender

Anchor State Bank

Originating Lender City

ANCHOR

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

657185.29

Forgiveness Date

01/07/2021

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