AJAX DISTRIBUTING CO., INC (TN) - 2020 PPP Loan Borrower Profile (# 6466277004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AJAX DISTRIBUTING 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

6466277004

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$688,999

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$696,520.57

Date Loan was Forgiven

May 18, 2021

Loan Status

Paid in Full

Loan Term

59 Months

Utilities Proced

34,450

Payroll Proced

551,199

Rent Proceed

103,350

Lender

First Horizon Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

424810

Borrower Location

CLARKSVILLE, TN

Project Location

CLARKSVILLE, TN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.