ANDERSON FARMERS COOPERATIVE (TN) - 2020 PPP Loan Borrower Profile (# 1558717402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANDERSON FARMERS COOPERATIVE. 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

1558717402

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$71,867

Date Loan was Approved

May 4, 2020

Amount Forgiven

$72,340.12

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

71,867

Lender

Southern Bank of Tennessee

Business Detail

Business Type

Cooperative

NAICS

444220

Borrower Location

CLINTON, TN

Project Location

CLINTON, TN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.