ADMIRAL MOTOR CO INC (TN) - 2020 PPP Loan Borrower Profile (# 5206828804)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADMIRAL MOTOR CO 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

5206828804

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$6,666.67

Date Loan was Approved

Apr 17, 2021

Amount Forgiven

$6,711.11

Date Loan was Forgiven

Dec 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

6,666.67

Lender

Peoples Bank of East Tennessee

Business Detail

Business Type

Corporation

NAICS

441120

Borrower Location

Etowah, TN

Project Location

Etowah, TN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.