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
- City
- Elizabethton
- State
- Tennessee
- 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
Other PPP Loans in Elizabethton, TN
| Business | Approved | |
|---|---|---|
| Summers-Taylor, Inc. | $6,354,300 | |
| Heritage Operating LLC | $1,996,900 | |
| Tri-Cities Restaurant Group LLC | $1,319,600 | |
| Whitehead Construction INC | $1,125,000 | |
| Nor-Well Company, INC | $1,099,908 |
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