# PPP loan: TESCA USA, INC.
> **$320K** approved 04/14/2020 · Paid in Full · Loan `5801227102`
## Borrower
- **Name:** TESCA USA, INC.
- **Address:** 2638 Bond St., Rochester Hills, MI, 48309-3509
- **NAICS:** 336360
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Jobs reported:** 10
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*