Axem Distributing, Inc.

$196,900 PPP Loan in Gallatin, Tennessee

Loan Details

Loan Number
9588777101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$196,900
Current Approval
$196,900
Forgiveness Amount
$199,531
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Axem Distributing, Inc.
Address
1424 Gateway Dr
ZIP Code
37066-4759
Business Type
Corporation
Industry (NAICS)
Manufacturing (332994)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.4M
Rural/Urban
Urban
Congressional District
TN-06

Loan Use Breakdown

Payroll
$172,000
Rent
$16,900
Utilities
$8,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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