Tristate Electrical Contractors, Inc.
$2,258,900 PPP Loan in Chattanooga, Tennessee
Loan Details
- Loan Number
- 6362907009
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,258,900
- Current Approval
- $2,258,900
- Forgiveness Amount
- $2,289,332
- Forgiveness Date
- Aug 23, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Tristate Electrical Contractors, Inc.
- Address
- 2101 Fort Street
- City
- Chattanooga
- State
- Tennessee
- ZIP Code
- 37408-2414
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 208
- Estimated Revenue
- $68.4M
- Rural/Urban
- Urban
- Congressional District
- TN-03
Loan Use Breakdown
- Payroll
- $1,913,900
- Rent
- $30,000
- Utilities
- $15,000
- Health Care
- $230,000
- Debt Interest
- $70,000
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
Other PPP Loans in Chattanooga, TN
| Business | Approved | |
|---|---|---|
| Metropolitan Security Services, Inc. | $10,000,000 | |
| Southern Champion Tray LP | $9,131,100 | |
| Vision Hospitality Group, Inc. | $7,328,800 | |
| The Orange Grove Center, Inc. | $5,685,455 | |
| Adman Electric Inc. | $5,248,600 |
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