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Heavy Machines, Inc.

$2,728,400 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
8107517001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,728,400
Current Approval
$2,728,400
Forgiveness Amount
$2,760,169
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Heavy Machines, Inc.
Address
3926 East Raines Rd
City
Memphis
State
Tennessee
ZIP Code
38118-6936
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423810)
Business Age
Existing or more than 2 years old
Jobs Reported
184
Estimated Revenue
$56.4M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$2,728,400

Lender Information

Servicing Lender
Pinnacle Bank
Originating Lender
Pinnacle Bank

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