45 AUTO SALVAGE, INC. (TN) - 2020 PPP Loan Borrower Profile (# 8434107004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 45 AUTO SALVAGE, INC.. 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

8434107004

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$10,720

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$10,786.7

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,144

Payroll Proced

8,576

Rent Proceed

1,000

Lender

Decatur County Bank

Business Detail

Business Type

Corporation

NAICS

423930

Borrower Location

MILAN, TN

Project Location

MILAN, TN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.