Davie Ashley Sawmill, LLC

$466,785 PPP Loan in Elora, Tennessee

Loan Details

Loan Number
6631807002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$466,785
Current Approval
$466,785
Forgiveness Amount
$469,404
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Davie Ashley Sawmill, LLC
Address
12 Sawmill Ln
City
Elora
ZIP Code
37328-4266
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$50.6M
Rural/Urban
Rural
Congressional District
TN-04

Loan Use Breakdown

Payroll
$396,785
Rent
$20,000
Utilities
$30,000
Mortgage Interest
$20,000

Lender Information

Servicing Lender
Bank of Lincoln County
Originating Lender
Bank of Lincoln County

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