Long Foundation Drilling Co.

$1,731,400 PPP Loan in Nashville, Tennessee

Loan Details

Loan Number
5571057005
Date Approved
Apr 5, 2020
Loan Status
Exemption 4
Initial Approval
$1,731,400
Current Approval
$1,731,400
Forgiveness Amount
$1,390,576
Forgiveness Date
Dec 8, 2020
Term
62 months
Draw
First Draw

Business Information

Business Name
Long Foundation Drilling Co.
Address
3014 Brandau Rd
ZIP Code
37205
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
91
Estimated Revenue
$34.1M
Rural/Urban
Urban
Congressional District
TN-05

Loan Use Breakdown

Payroll
$1,600,000
Rent
$45,000
Utilities
$12,000
Health Care
$59,400
Debt Interest
$15,000

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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