Cable Tel Services, Inc.

$1,098,967 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
7479007008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,098,967
Current Approval
$1,098,967
Forgiveness Amount
$1,110,903
Forgiveness Date
May 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cable Tel Services, Inc.
Address
1756 Thomas Rd
ZIP Code
38134-6313
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$28.6M
Rural/Urban
Urban
Congressional District
TN-08

Loan Use Breakdown

Payroll
$1,021,967
Rent
$19,000
Utilities
$8,000
Health Care
$35,000
Refinance EIDL
$15,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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