Electro Motor INC

$249,331 PPP Loan in Piney Flats, Tennessee

Loan Details

Loan Number
1267777104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$249,331
Current Approval
$249,331
Forgiveness Amount
$251,727
Forgiveness Date
Mar 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Electro Motor INC
Address
411 Century Ct
ZIP Code
37686-4468
Business Type
Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
TN-01

Loan Use Breakdown

Payroll
$249,331

Lender Information

Servicing Lender
Bank of Tennessee
Originating Lender
Bank of Tennessee

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