A & B DISTRIBUTING COMPANY INC. (TN) - 2020 PPP Loan Borrower Profile (# 7576068307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A & B DISTRIBUTING COMPANY 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

7576068307

SBA Office Code

0474

Processing Method

PPS

Curent Loan Amount

$163,150

Date Loan was Approved

Jan 28, 2021

Amount Forgiven

$164,813.22

Date Loan was Forgiven

Feb 1, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

163,148

Lender

Home Federal Bank of Tennessee

Business Detail

Business Type

Corporation

NAICS

424490

Borrower Location

Knoxville, TN

Project Location

Knoxville, 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.