PPP Loan information for Tennessee electrical company inc

$5,163,830

Tennessee electrical company inc was initially approved for PPP Loan of amount $5,163,830, the current approved amount is $5,163,830. The loan was approved on 04/07/2020 by The First Horizon Bank reported 382 jobs and $5,163,830 was used to fund payroll.

Tennessee electrical company inc is Existing or more than 2 years old

PPP Loan Search / TN / KINGSPORT / Tennessee electrical company inc

TENNESSEE ELECTRICAL COMPANY INC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TENNESSEE ELECTRICAL COMPANY INC

Borrower Address

1025 KONNAROCK RD

Borrower City

KINGSPORT

Borrower State

TN

Borrower Zip

37664-3720

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5163830.00

Current Approval Amount

5163830.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINGSPORT

Project County Name

SULLIVAN

Project State

TN

Project Zip

37664-3720

CD

TN-01

Jobs Reported

382

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5163830.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

5222783.73

Forgiveness Date

06/09/2021

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