ACT MANAGEMENT, INC. (TN) - 2020 PPP Loan Borrower Profile (# 7059107105)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ACT MANAGEMENT, 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
7059107105
SBA Office Code
0474
Processing Method
PPP
Curent Loan Amount
$272,237.5
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$275,280.59
Date Loan was Forgiven
Jun 4, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
272,237.5
Lender
Pinnacle Bank
Business Detail
Business Type
Corporation
NAICS
335312
Borrower Location
ALCOA, TN
Project Location
ALCOA, TN
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
32
Business Age Description
Existing or more than 2 years old
Data Source: SBA.