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
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

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