ADAM TIPTON INSURANCE SERVICES (TN) - 2020 PPP Loan Borrower Profile (# 8506247000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAM TIPTON INSURANCE SERVICES. 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

8506247000

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$72,800

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$73,523.96

Date Loan was Forgiven

Apr 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

72,800

Lender

SmartBank

Business Detail

Business Type

Sole Proprietorship

NAICS

524210

Borrower Location

MURFREESBORO, TN

Project Location

MURFREESBORO, 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.