Tellico Electric Inc.

$302,400 PPP Loan in Lenoir City, Tennessee

Loan Details

Loan Number
1048518702
Date Approved
Mar 26, 2021
Loan Status
Paid in Full
Initial Approval
$302,400
Current Approval
$302,400
Forgiveness Amount
$304,298
Forgiveness Date
Nov 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Tellico Electric Inc.
Address
1200 W Broadway St Ste a
ZIP Code
37771-2660
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
TN-02

Loan Use Breakdown

Payroll
$302,396
Utilities
$1

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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