American Development Corporation of Tennessee, Inc.
$432,678 PPP Loan in Fayetteville, Tennessee
Loan Details
- Loan Number
- 6319517004
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $432,678
- Current Approval
- $432,678
- Forgiveness Amount
- $435,105
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- American Development Corporation of Tennessee, Inc.
- Address
- 821 William D Jones Blvd
- City
- Fayetteville
- State
- Tennessee
- ZIP Code
- 37334-2760
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (424690)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 31
- Estimated Revenue
- $8.0M
- Rural/Urban
- Rural
- Congressional District
- TN-04
Loan Use Breakdown
- Payroll
- $372,622
- Utilities
- $9,646
- Health Care
- $50,410
Lender Information
- Servicing Lender
- Bank of Lincoln County
- Originating Lender
- Bank of Lincoln County
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