Banks Electric, Incorporated
$475,750 PPP Loan in Collierville, Tennessee
Loan Details
- Loan Number
- 8310207008
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $475,750
- Current Approval
- $475,750
- Forgiveness Amount
- $480,600
- Forgiveness Date
- Apr 27, 2021
- Term
- 59 months
- Draw
- First Draw
Business Information
- Business Name
- Banks Electric, Incorporated
- Address
- 399 Distribution Pkwy
- City
- Collierville
- State
- Tennessee
- ZIP Code
- 38017-3924
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 44
- Estimated Revenue
- $14.5M
- Rural/Urban
- Urban
- Congressional District
- TN-08
Loan Use Breakdown
- Payroll
- $475,750
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
Other PPP Loans in Collierville, TN
| Business | Approved | |
|---|---|---|
| Jnj Express, Inc. | $7,072,167 | |
| Uadr Holdings, Inc. | $3,671,811 | |
| Ritchey Management, Inc. | $3,574,400 | |
| Jolly Roofing and Contracting Company, Inc. | $2,671,000 | |
| St. George's Independent School | $2,251,300 |
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