Mcgaha Electric Company

$899,700 PPP Loan in Knoxville, Tennessee

Loan Details

Loan Number
6952507203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$899,700
Current Approval
$899,700
Forgiveness Amount
$905,419
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcgaha Electric Company
Address
1401 North Sixth Avenue
ZIP Code
37917
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
92
Estimated Revenue
$104.8M
Rural/Urban
Urban
Congressional District
TN-02

Loan Use Breakdown

Payroll
$899,700

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

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