Jat Oil, Inc.

$1,240,097 PPP Loan in Chattanooga, Tennessee

Loan Details

Loan Number
6647487007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,240,097
Current Approval
$1,240,097
Forgiveness Amount
$1,253,325
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jat Oil, Inc.
Address
600 West Main St
ZIP Code
37402-4701
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$19.8M
Rural/Urban
Urban
Congressional District
TN-03

Loan Use Breakdown

Payroll
$1,102,097
Rent
$23,000
Utilities
$12,500
Health Care
$62,500
Debt Interest
$40,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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