Memphis Electric Company, LLC

$439,800 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
7348067004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$439,800
Current Approval
$439,800
Forgiveness Amount
$443,282
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Memphis Electric Company, LLC
Address
2057 Fletcher Creek Drive
ZIP Code
38133-7059
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
TN-08

Loan Use Breakdown

Payroll
$439,800

Lender Information

Servicing Lender
Renasant Bank
Originating Lender
Renasant Bank

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