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Heavy Machines Inc.

$2,000,000 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
2561838307
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,015,945
Forgiveness Date
Nov 10, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Heavy Machines Inc.
Address
3926 E Raines Rd
City
Memphis
State
Tennessee
ZIP Code
38118-6936
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423810)
Business Age
Existing or more than 2 years old
Jobs Reported
184
Estimated Revenue
$56.4M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$1,999,996
Utilities
$1

Lender Information

Servicing Lender
Pinnacle Bank
Originating Lender
Pinnacle Bank

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