AMERICAN FOUNDATION AND BASEMENT REPAIRS (TN) - 2020 PPP Loan Borrower Profile (# 2106137104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN FOUNDATION AND BASEMENT REPAIRS. 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

2106137104

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$430,000

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$433,344.44

Date Loan was Forgiven

Jan 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,167.78

Payroll Proced

405,861.23

Rent Proceed

8,600

Health Care Proceed

10,370.99

Lender

TNBANK

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

236115

Borrower Location

MARYVILLE, TN

Project Location

MARYVILLE, TN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.