Memphis Foods, LLC

$1,127,000 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
9644607102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,127,000
Current Approval
$1,127,000
Forgiveness Amount
$1,135,390
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Memphis Foods, LLC
Address
3821 Hacks Cross Road
ZIP Code
38125-2369
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Zaxby's
Business Age
Existing or more than 2 years old
Jobs Reported
359
Estimated Revenue
$63.7M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$900,000
Utilities
$27,000
Mortgage Interest
$200,000

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

Other PPP Loans in Memphis, TN

BusinessApproved
Wendelta, INC$10,000,000NewBizBotAI Deep Dive
Eastport Holdings LLC$10,000,000NewBizBotAI Deep Dive
Mimeo.com, INC$6,798,036NewBizBotAI Deep Dive
Building Plastics INC$6,184,037NewBizBotAI Deep Dive
Ensafe Inc.$5,882,393NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free