Engineered Mechanical Systems INC
$1,205,797 PPP Loan in Chattanooga, Tennessee
Loan Details
- Loan Number
- 6971267002
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,205,797
- Current Approval
- $1,205,797
- Forgiveness Amount
- $1,216,649
- Forgiveness Date
- Mar 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Engineered Mechanical Systems INC
- Address
- 118 Parmenas Lane
- City
- Chattanooga
- State
- Tennessee
- ZIP Code
- 37405-2623
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332313)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 85
- Estimated Revenue
- $20.8M
- Rural/Urban
- Urban
- Congressional District
- TN-03
Loan Use Breakdown
- Payroll
- $1,108,331
- Rent
- $34,438
- Utilities
- $47,000
- Debt Interest
- $16,028
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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