ACT MANAGEMENT INC. (TN) - 2020 PPP Loan Borrower Profile (# 8764548300)
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
8764548300
SBA Office Code
0474
Processing Method
PPS
Curent Loan Amount
$424,692.5
Date Loan was Approved
Jan 30, 2021
Amount Forgiven
$428,090.04
Date Loan was Forgiven
Nov 22, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
424,687.5
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
34
Business Age Description
Existing or more than 2 years old
Data Source: SBA.