Royal Brass, Inc.

$2,628,855 PPP Loan in Knoxville, Tennessee

Loan Details

Loan Number
7794177002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,628,855
Current Approval
$2,628,855
Forgiveness Amount
$2,662,300
Forgiveness Date
Jul 27, 2021
Term
23 months
Draw
First Draw

Business Information

Business Name
Royal Brass, Inc.
Address
1470 Amherst Road
ZIP Code
37909-1201
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
240
Estimated Revenue
$73.5M
Rural/Urban
Urban
Congressional District
TN-02

Loan Use Breakdown

Payroll
$2,218,855
Rent
$250,000
Utilities
$50,000
Debt Interest
$110,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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