ADVANCED COLDFORMING INC. (TN) - 2020 PPP Loan Borrower Profile (# 4856118506)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED COLDFORMING 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

4856118506

SBA Office Code

0474

Processing Method

PPS

Curent Loan Amount

$238,971.85

Date Loan was Approved

Feb 26, 2021

Amount Forgiven

$241,636.55

Date Loan was Forgiven

Apr 15, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

238,969.85

Lender

Bank3

Business Detail

Business Type

Corporation

NAICS

331221

Borrower Location

Memphis, TN

Project Location

Memphis, 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.