Drs Electric, LLC

$131,700 PPP Loan in Maynardville, Tennessee

Loan Details

Loan Number
9428537002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$131,700
Current Approval
$131,700
Forgiveness Amount
$132,545
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Drs Electric, LLC
Address
118 Fall Creek Rd
ZIP Code
37807-4618
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
TN-02

Loan Use Breakdown

Payroll
$123,800
Rent
$1,300
Utilities
$1,200
Health Care
$5,400

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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