Armstrong Transfer & Storage Co INC - Armstong Relocation Co

$1,478,969 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
5480587201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,478,969
Current Approval
$1,478,969
Forgiveness Amount
$1,490,472
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Armstrong Transfer & Storage Co INC - Armstong Relocation Co
Address
3927 Winchester Road
ZIP Code
38118-4935
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484210)
Franchise
United Van Lines�- Agency Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
98
Estimated Revenue
$24.5M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$1,257,123
Rent
$147,897
Utilities
$73,948

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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