Worldwide Equipment of Tn, INC

$2,252,892 PPP Loan in Knoxville, Tennessee

Loan Details

Loan Number
2571387104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,252,892
Current Approval
$2,252,892
Forgiveness Amount
$2,286,868
Forgiveness Date
Oct 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Worldwide Equipment of Tn, INC
Address
6614 Wilbanks Road 0.0
ZIP Code
37912-1313
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423110)
Franchise
Mack Trucks, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
202
Estimated Revenue
$61.9M
Rural/Urban
Urban
Congressional District
TN-02

Loan Use Breakdown

Payroll
$1,803,812
Rent
$137,080
Utilities
$44,000
Health Care
$268,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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