AMERICAN DESIGN DRAFTING ASSOCIATION (TN) - 2020 PPP Loan Borrower Profile (# 8281578903)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN DESIGN DRAFTING ASSOCIATION. 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

8281578903

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$11,375

Date Loan was Approved

May 11, 2021

Amount Forgiven

$11,483.06

Date Loan was Forgiven

Apr 28, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

11,373

Lender

Security Bank

Business Detail

Business Type

501(c)3 ¿ Non Profit

NAICS

611710

Borrower Location

Newbern, TN

Project Location

Newbern, TN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.