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
- City
- Chattanooga
- State
- Tennessee
- 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
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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