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The Wise Co., Inc.

$1,621,800 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
8417387005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,621,800
Current Approval
$1,621,800
Forgiveness Amount
$1,640,766
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Wise Co., Inc.
Address
79 South Second Street
City
Memphis
State
Tennessee
ZIP Code
38103-3011
Business Type
Corporation
Industry (NAICS)
Manufacturing (337127)
Business Age
Existing or more than 2 years old
Jobs Reported
196
Estimated Revenue
$51.3M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$1,414,300
Rent
$4,000
Utilities
$80,000
Health Care
$48,500
Debt Interest
$75,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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