Bros. Management Inc.

$1,706,600 PPP Loan in Knoxville, Tennessee

Loan Details

Loan Number
9398767010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,706,600
Current Approval
$1,706,600
Forgiveness Amount
$1,720,727
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bros. Management Inc.
Address
2501 Magnolia Ave.
ZIP Code
37914-5311
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
414
Estimated Revenue
$73.5M
Rural/Urban
Urban
Congressional District
TN-02

Loan Use Breakdown

Payroll
$1,350,000
Rent
$280,000
Utilities
$76,600

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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