PPP Loan Data — House-Hasson Hardware Company, Knoxville, TN
House-Hasson Hardware Company is a corporation located at 3125 Water Plant Road in Knoxville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $2,842,599.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HORIZON BANK
House-Hasson Hardware Company received a Paycheck Protection Loan of $2.84M through FIRST HORIZON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, House-Hasson Hardware Company's total 2019 payroll expenses were approximately $13.64M in order to qualify for the PPP loan amount received.
Based on their reported 255 jobs retained, this equals an estimated average yearly compensation of $53,508 per employee1.
Business Information - House-Hasson Hardware Company in Knoxville, TN
3125 Water Plant Road
Knoxville, TN 37914
Hardware Merchant Wholesalers (NAICS code 423710)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TN-02
Industry PPP Comparison Statistics
Nationwide, 2,045 businesses in the "Hardware Merchant Wholesalers" industry received a total of $397,496,067.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 15 employees, 94% lower than House-Hasson Hardware Company's reported 255 employees, and received an average PPP loan of $194,375, 93% lower than this company's loan of $2.84M.
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Footnotes & Information
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