PPP Loan information for Tristate electrical contractors, inc.

$2,258,900

Tristate electrical contractors, inc. was initially approved for PPP Loan of amount $2,258,900, the current approved amount is $2,258,900. The loan was approved on 04/06/2020 by The First Horizon Bank reported 208 jobs and $2,258,900 was used to fund payroll.

Tristate electrical contractors, inc. is Existing or more than 2 years old

TRISTATE ELECTRICAL CONTRACTORS, INC.

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TRISTATE ELECTRICAL CONTRACTORS, INC.

Borrower Address

2101 Fort Street

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37408-2414

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2258900.00

Current Approval Amount

2258900.00

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

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37408-2414

CD

TN-03

Jobs Reported

208

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

1913900.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

230000.00

Debt Interest Proceed

70000

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

2289332.40

Forgiveness Date

08/23/2021

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