AMERICAN LOGISTICS SERVICES INC. (TN) - 2020 PPP Loan Borrower Profile (# 1525187108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN LOGISTICS SERVICES 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

1525187108

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$446,090

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$449,026.76

Date Loan was Forgiven

Dec 4, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

44,609

Payroll Proced

334,567.5

Rent Proceed

66,913.5

Lender

Volunteer State Bank

Business Detail

Business Type

Corporation

NAICS

541614

Borrower Location

LaVergne, TN

Project Location

LaVergne, TN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.