American Electrical Contractors, INC
$3,234,477 PPP Loan in Memphis, Tennessee
Loan Details
- Loan Number
- 7543247005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,234,477
- Current Approval
- $3,234,477
- Forgiveness Amount
- $3,271,584
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- American Electrical Contractors, INC
- Address
- 3405 Pearson Road
- City
- Memphis
- State
- Tennessee
- ZIP Code
- 38118-1628
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 165
- Estimated Revenue
- $54.3M
- Rural/Urban
- Urban
- Congressional District
- TN-09
Loan Use Breakdown
- Payroll
- $3,196,977
- Rent
- $30,000
- Utilities
- $7,500
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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