ACTS FLEET MAINTENANCE SERVICES, INC. (TN) - 2020 PPP Loan Borrower Profile (# 3505337107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTS FLEET MAINTENANCE SERVICES, 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

3505337107

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$242,053

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$244,621.45

Date Loan was Forgiven

May 13, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

12,102

Payroll Proced

217,848

Rent Proceed

12,103

Lender

First Horizon Bank

Business Detail

Business Type

Corporation

NAICS

482111

Borrower Location

KNOXVILLE, TN

Project Location

KNOXVILLE, TN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.