ACOUSTICS & SPECIALTIES, LLC (TN) - 2020 PPP Loan Borrower Profile (# 7502037005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACOUSTICS & SPECIALTIES, LLC. 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

7502037005

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$327,373.74

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$331,384.07

Date Loan was Forgiven

Jul 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,000

Payroll Proced

302,373.74

Rent Proceed

11,000

Health Care Proceed

10,000

Lender

First Horizon Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238310

Borrower Location

MEMPHIS, TN

Project Location

MEMPHIS, 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.