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Hermitage Electric Supply

$1,108,200 PPP Loan in Nashville, Tennessee

Loan Details

Loan Number
7285157009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,108,200
Current Approval
$1,108,200
Forgiveness Amount
$1,115,988
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hermitage Electric Supply
Address
531 Lafayette St
City
Nashville
State
Tennessee
ZIP Code
37203-4224
Business Type
Corporation
Industry (NAICS)
Retail Trade (444110)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$18.0M
Rural/Urban
Urban
Congressional District
TN-05

Loan Use Breakdown

Payroll
$886,200
Rent
$52,000
Utilities
$25,000
Health Care
$120,000
Debt Interest
$25,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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