Valley Electric

$88,790 PPP Loan in Erwin, Tennessee

Loan Details

Loan Number
8445807008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$88,790
Current Approval
$88,787
Forgiveness Amount
$89,539
Forgiveness Date
Feb 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Valley Electric
Address
P. O. Box 866
City
Erwin
ZIP Code
37650
Business Type
Partnership
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TN-01

Loan Use Breakdown

Payroll
$88,787

Lender Information

Servicing Lender
Bank of Tennessee
Originating Lender
Bank of Tennessee

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