AC WOODWORKS (TN) - 2020 PPP Loan Borrower Profile (# 1755917402)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AC WOODWORKS. 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
1755917402
SBA Office Code
0474
Processing Method
PPP
Curent Loan Amount
$20,800
Date Loan was Approved
May 4, 2020
Amount Forgiven
$21,023.96
Date Loan was Forgiven
Jun 4, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
15,600
Mortgage Interest Proceed
5,200
Lender
Reliant Bank, A Division of United Community Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
238350
Borrower Location
CHAPMANSBORO, TN
Project Location
CHAPMANSBORO, TN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.