ALLEN MCGHAN (TN) - 2020 PPP Loan Borrower Profile (# 3049248400)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLEN MCGHAN. 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
3049248400
SBA Office Code
0474
Processing Method
PPS
Curent Loan Amount
$43,530
Date Loan was Approved
Feb 4, 2021
Amount Forgiven
$43,763.75
Date Loan was Forgiven
Aug 26, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
43,529
Lender
Bank of America, National Association

Business Detail

Business Type
Sole Proprietorship
NAICS
541690
Borrower Location
Hendersonville, TN
Project Location
Hendersonville, TN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
4
Business Age Description
Existing or more than 2 years old
Data Source: SBA.