A & B EQUIPMENT, INC. (TN) - 2020 PPP Loan Borrower Profile (# 5956707109)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to A & B EQUIPMENT, 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
5956707109
SBA Office Code
0474
Processing Method
PPP
Curent Loan Amount
$87,927
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$88,847.79
Date Loan was Forgiven
May 11, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
2,896
Payroll Proced
85,031
Lender
CapStar Bank, A Division of Old National Bank
Business Detail
Business Type
Corporation
NAICS
336212
Borrower Location
Sweetwater, TN
Project Location
Sweetwater, TN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
8
Business Age Description
New Business or 2 years or less
Data Source: SBA.
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