Southern States Electric Company

$406,965 PPP Loan in Murfreesboro, Tennessee

Loan Details

Loan Number
8857607003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$406,965
Current Approval
$406,965
Forgiveness Amount
$410,481
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern States Electric Company
Address
1124 Brinkley Ave Ste B
ZIP Code
37129-1718
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.5M
Rural/Urban
Urban
Congressional District
TN-04

Loan Use Breakdown

Payroll
$380,265
Rent
$4,800
Utilities
$2,900
Health Care
$19,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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