Standard Construction Company, INC

$2,180,621 PPP Loan in Cordova, Tennessee

Loan Details

Loan Number
6481617008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,180,621
Current Approval
$2,180,621
Forgiveness Amount
$2,206,425
Forgiveness Date
Jun 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Standard Construction Company, INC
Address
7434 Raleigh Lagrange
ZIP Code
38018-6224
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
146
Estimated Revenue
$45.3M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$1,766,909
Rent
$123,334
Utilities
$261,606
Debt Interest
$28,772

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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