ADVANTAGE PLASTICS, INC. (TN) - 2020 PPP Loan Borrower Profile (# 8952818502)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE PLASTICS, 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
8952818502
SBA Office Code
0474
Processing Method
PPS
Curent Loan Amount
$55,942
Date Loan was Approved
Mar 10, 2021
Amount Forgiven
$56,105.16
Date Loan was Forgiven
Jun 29, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
55,940
Lender
Farmers State Bank
Business Detail
Business Type
Corporation
NAICS
333514
Borrower Location
Mountain City, TN
Project Location
Mountain City, TN
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
6
Business Age Description
Existing or more than 2 years old
Data Source: SBA.