Industrial Boiler & Mechanical Company INC

$1,987,600 PPP Loan in Chattanooga, Tennessee

Loan Details

Loan Number
2252927201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,987,600
Current Approval
$1,987,600
Forgiveness Amount
$2,012,976
Forgiveness Date
Aug 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Boiler & Mechanical Company INC
Address
3325 Hawthorne St
ZIP Code
37406-4022
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$18.3M
Rural/Urban
Urban
Congressional District
TN-03

Loan Use Breakdown

Payroll
$1,987,600

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

Other PPP Loans in Chattanooga, TN

BusinessApproved
Metropolitan Security Services, Inc.$10,000,000NewBizBotResearch
Southern Champion Tray LP$9,131,100NewBizBotResearch
Vision Hospitality Group, Inc.$7,328,800NewBizBotResearch
The Orange Grove Center, Inc.$5,685,455NewBizBotResearch
Adman Electric Inc.$5,248,600NewBizBotResearch

Want to research this company further?

Try NewBizBot free