# PPP loan: TESCO ASSOCIATES INC.
> **$542K** approved 02/18/2021 · Paid in Full · Loan `1156588502`
## Borrower
- **Name:** TESCO ASSOCIATES INC.
- **Address:** 500 Business Park Dr, Tyngsboro, MA, 01879-1075
- **NAICS:** 339113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $549K (101%)
- **Forgiveness date:** 06/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $542K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Northern Bank and Trust Company
- **Servicing:** Northern Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*