Teson Automotive Inc.

$40,970 PPP Loan in Algonquin, Illinois

Loan Details

Loan Number
3835107209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$40,970
Current Approval
$40,970
Forgiveness Amount
$41,302
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Teson Automotive Inc.
Address
1200 Armstrong St
ZIP Code
60102
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$32,626
Rent
$5,750
Utilities
$1,969
Mortgage Interest
$625

Lender Information

Servicing Lender
Michigan State University Fcu
Originating Lender
Michigan State University Federal Credit Union

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