1ST CHOICE PROPERTIES, LLC (TN) - 2020 PPP Loan Borrower Profile (# 5374858202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST CHOICE PROPERTIES, LLC. 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

5374858202

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$7,719

Date Loan was Approved

Aug 7, 2020

Amount Forgiven

$7,750.3

Date Loan was Forgiven

Jan 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

7,719

Lender

Kabbage, Inc.

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531110

Borrower Location

Memphis, TN

Project Location

Memphis, TN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.