PPP borrower record
POWER EQUIPMENT COMPANY OF MEMPHIS PPP loan record
Public SBA PPP loan record for POWER EQUIPMENT COMPANY OF MEMPHIS. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$767,247
Approved amount
$775,495
Forgiven amount
2020-04-09
Date approved
Borrower and loan details
Borrower
POWER EQUIPMENT COMPANY OF MEMPHIS
Loan number
9106057008
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Memphis
Borrower state
Tennessee
Borrower ZIP
38112
Jobs reported
54
Loan status
Paid in Full
Forgiveness date
2021-05-18
Servicing lender
First Horizon Bank
Originating lender
First Horizon Bank
Reported use of proceeds
Payroll
$740,416
Rent
$8,531
Utilities
$15,000
Mortgage interest
$3,300
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.