Standard Electric Company INC
$1,355,600 PPP Loan in Memphis, Tennessee
Loan Details
- Loan Number
- 9107297001
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,355,600
- Current Approval
- $1,355,600
- Forgiveness Amount
- $1,371,227
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Standard Electric Company INC
- Address
- 876 Vance Ave
- City
- Memphis
- State
- Tennessee
- ZIP Code
- 38126-2911
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 55
- Estimated Revenue
- $18.1M
- Rural/Urban
- Urban
- Congressional District
- TN-09
Loan Use Breakdown
- Payroll
- $1,355,600
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
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|---|---|---|
| Wendelta, INC | $10,000,000 | |
| Eastport Holdings LLC | $10,000,000 | |
| Mimeo.com, INC | $6,798,036 | |
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