1986 (TN) - 2020 PPP Loan Borrower Profile (# 4391788006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1986. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Tennessee.

Loan Detail

Loan Number

4391788006

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$8,260

Date Loan was Approved

Jun 25, 2020

Amount Forgiven

$8,338.7

Date Loan was Forgiven

Jun 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

8,260

Lender

Hope Enterprise Corporation

Business Detail

Business Type

Sole Proprietorship

NAICS

812199

Borrower Location

Memphis, TN

Project Location

Memphis, TN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.