# PPP loan: TESCO EQUIPMENT LLC
> **$409K** approved 03/13/2021 · Exemption 4 · Loan `1880308609`
## Borrower
- **Name:** TESCO EQUIPMENT LLC
- **Address:** 3661 NW 126th Ave, Coral Springs, FL, 33065-2426
- **NAICS:** 336211
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $374K (92%)
- **Forgiveness date:** 11/10/2021
- **Status:** Exemption 4
- **Term:** 69 months
## Use of funds
- **Payroll:** $409K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*