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Tennessee Abrasive INC

$100,280 PPP Loan in Erwin, Tennessee

Loan Details

Loan Number
1265817110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$100,280
Current Approval
$100,280
Forgiveness Amount
$100,854
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Tennessee Abrasive INC
Address
1580 Jackson Love Hwy
City
Erwin
State
Tennessee
ZIP Code
37650-9228
Business Type
Corporation
Industry (NAICS)
Manufacturing (327910)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
$10.9M
Rural/Urban
Rural
Congressional District
TN-01

Loan Use Breakdown

Payroll
$75,211
Rent
$18,802
Utilities
$6,268

Lender Information

Servicing Lender
Mountain Commerce Bank
Originating Lender
Mountain Commerce Bank

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