Classic American Hardwoods, Inc.

$525,614 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
6685587003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$525,614
Current Approval
$525,614
Forgiveness Amount
$529,512
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Classic American Hardwoods, Inc.
Address
1245 N 7th St
ZIP Code
38107-1745
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423310)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$14.7M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$420,000
Rent
$30,000
Utilities
$51,614
Health Care
$24,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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