Young Electric Co., Inc.

$705,200 PPP Loan in Chattanooga, Tennessee

Loan Details

Loan Number
2497547203
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$705,200
Current Approval
$705,200
Forgiveness Amount
$710,069
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Young Electric Co., Inc.
Address
3907 Dodds Avenue,
ZIP Code
37407-2733
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$17.8M
Rural/Urban
Urban
Congressional District
TN-03

Loan Use Breakdown

Payroll
$705,200

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

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