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Benchmark Tool & Machine, INC

$720,060 PPP Loan in Pelham, Tennessee

Loan Details

Loan Number
2980987108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$720,060
Current Approval
$720,060
Forgiveness Amount
$723,927
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Benchmark Tool & Machine, INC
Address
2685 Sr 50
City
Pelham
State
Tennessee
ZIP Code
37366-0131
Business Type
Corporation
Industry (NAICS)
Manufacturing (331210)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$18.3M
Rural/Urban
Rural
Congressional District
TN-04

Loan Use Breakdown

Payroll
$612,051
Rent
$54,005
Utilities
$54,005

Lender Information

Servicing Lender
Citizens Tri-County Bank
Originating Lender
Citizens Tri-County Bank

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