Powder Cote Ii, LLC

$1,043,657 PPP Loan in Clinton, Tennessee

Loan Details

Loan Number
4461117200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,043,657
Current Approval
$1,043,657
Forgiveness Amount
$1,054,322
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powder Cote Ii, LLC
Address
193 Frank L Diggs Dr
ZIP Code
37716-6573
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332812)
Business Age
Existing or more than 2 years old
Jobs Reported
148
Estimated Revenue
$36.2M
Rural/Urban
Rural
Congressional District
TN-03

Loan Use Breakdown

Payroll
$874,485
Rent
$90,534
Utilities
$64,970
Debt Interest
$13,668

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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