Industrial Applications, Inc.

$530,000 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
5480977004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$530,000
Current Approval
$530,000
Forgiveness Amount
$533,975
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Applications, Inc.
Address
5665 E. Raines Rd
ZIP Code
38115-6806
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$10.3M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$530,000

Lender Information

Servicing Lender
Renasant Bank
Originating Lender
Renasant Bank

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