ADVANCE RESTAURANT SYSTEMS LLC (TN) - 2020 PPP Loan Borrower Profile (# 7340378604)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCE RESTAURANT SYSTEMS LLC. 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

7340378604

SBA Office Code

0474

Processing Method

PPS

Curent Loan Amount

$366,131.74

Date Loan was Approved

Mar 23, 2021

Amount Forgiven

$369,773

Date Loan was Forgiven

Mar 24, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

366,131.74

Lender

SouthEast Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

Athens, TN

Project Location

Athens, TN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.