Memphis Equipment Company
$562,500 PPP Loan in Memphis, Tennessee
Loan Details
- Loan Number
- 8816577109
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $562,500
- Current Approval
- $562,500
- Forgiveness Amount
- $566,734
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Memphis Equipment Company
- Address
- 766 South B B King Blvd
- City
- Memphis
- State
- Tennessee
- ZIP Code
- 38106-1798
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 40
- Estimated Revenue
- $10.1M
- Rural/Urban
- Urban
- Congressional District
- TN-09
Loan Use Breakdown
- Payroll
- $562,500
Lender Information
- Servicing Lender
- Paragon Bank
- Originating Lender
- Paragon Bank
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