NewBizBot
Try for Free

Rains Electric Company Inc.

$430,246 PPP Loan in Madison, Tennessee

Loan Details

Loan Number
7353638304
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$430,246
Current Approval
$430,246
Forgiveness Amount
$432,732
Forgiveness Date
Sep 1, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rains Electric Company Inc.
Address
212 Williams Ave
City
Madison
State
Tennessee
ZIP Code
37115-2625
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
TN-05

Loan Use Breakdown

Payroll
$430,244
Utilities
$1

Lender Information

Servicing Lender
Volunteer State Bank
Originating Lender
Volunteer State Bank

Other PPP Loans in Madison, TN

BusinessApproved
Tlc Investments, LLC$3,161,062NewBizBotResearch
Nashville Automotive, LLC$2,133,535NewBizBotResearch
Tlc Investments LLC$2,000,000NewBizBotResearch
Nashville Dental, Inc.$1,738,300NewBizBotResearch
Spfs, Inc.$1,707,800NewBizBotResearch

Want to research this company further?

Try NewBizBot free