# PPP loan: TSY1, LLC
> **$279K** approved 04/08/2020 · Charged Off · Loan `7934707009`
## Borrower
- **Name:** TSY1, LLC
- **Address:** 7001 MENAUL BLVD NE, ALBUQUERQUE, NM, 87110-3695
- **NAICS:** 722410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $43K (15%)
- **Forgiveness date:** 07/29/2021
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $279K
- **Jobs reported:** 75
## Lender
- **Originating:** Southwest Capital Bank
- **Servicing:** Southwest Capital Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*