Whitehead Construction INC

$1,125,000 PPP Loan in Elizabethton, Tennessee

Loan Details

Loan Number
9724567005
Date Approved
Apr 9, 2020
Loan Status
Exemption 4
Initial Approval
$1,125,000
Current Approval
$1,125,000
Forgiveness Amount
$1,114,440
Forgiveness Date
Mar 1, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Whitehead Construction INC
Address
325 Ay Mcdonald Ave
ZIP Code
37643-6062
Business Type
Corporation
Industry (NAICS)
Construction (238290)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$19.1M
Rural/Urban
Rural
Congressional District
TN-01

Loan Use Breakdown

Payroll
$973,000
Utilities
$108,000
Health Care
$10,000
Debt Interest
$34,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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