PPP Loan information for Whitehead construction inc

$1,125,000

Whitehead construction inc was initially approved for PPP Loan of amount $1,125,000, the current approved amount is $1,125,000. The loan was approved on 04/09/2020 by The First Horizon Bank reported 60 jobs and $1,125,000 was used to fund payroll.

Whitehead construction inc is Existing or more than 2 years old

PPP Loan Search / TN / ELIZABETHTON / Whitehead construction inc

WHITEHEAD CONSTRUCTION INC

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WHITEHEAD CONSTRUCTION INC

Borrower Address

325 AY MCDONALD AVE

Borrower City

ELIZABETHTON

Borrower State

TN

Borrower Zip

37643-6062

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1125000.00

Current Approval Amount

1125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETHTON

Project County Name

CARTER

Project State

TN

Project Zip

37643-6062

CD

TN-01

Jobs Reported

60

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

108000.00

Payroll Proceed

973000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

34000

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1114440.47

Forgiveness Date

03/01/2021

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