ABLE AGENCY INC. (TN) - 2020 PPP Loan Borrower Profile (# 7650047206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABLE AGENCY 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

7650047206

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$174,839.1

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$176,189.25

Date Loan was Forgiven

Feb 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,907

Payroll Proced

158,924.1

Rent Proceed

11,008

Lender

INSOUTH Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

524126

Borrower Location

BROWNSVILLE, TN

Project Location

BROWNSVILLE, 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.