PPP Loan information for Hermitage electric supply

$1,108,200

Hermitage electric supply was initially approved for PPP Loan of amount $1,108,200, the current approved amount is $1,108,200. The loan was approved on 04/07/2020 by The First Horizon Bank reported 87 jobs and $1,108,200 was used to fund payroll.

Hermitage electric supply is Existing or more than 2 years old

HERMITAGE ELECTRIC SUPPLY

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HERMITAGE ELECTRIC SUPPLY

Borrower Address

531 Lafayette St

Borrower City

NASHVILLE

Borrower State

TN

Borrower Zip

37203-4224

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1108200.00

Current Approval Amount

1108200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NASHVILLE

Project County Name

DAVIDSON

Project State

TN

Project Zip

37203-4224

CD

TN-05

Jobs Reported

87

NAICS Code

444110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

886200.00

Mortgage Interest Proceed

0.00

Rent Proceed

52000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

120000.00

Debt Interest Proceed

25000

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1115988.18

Forgiveness Date

12/31/2020

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