# PPP loan: TESECON INC.
> **$697K** approved 01/23/2021 · Paid in Full · Loan `4265808303`
## Borrower
- **Name:** TESECON INC.
- **Address:** 660 Loeffler St, Mobile, AL, 36607-1349
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $697K
- **Initial approval:** $697K
- **Forgiven:** $703K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $697K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*