Date Approved
04/06/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
AMERICAN DEVELOPMENT CORPORATION OF TENNESSEE, INC.
Borrower Address
821 WILLIAM D JONES BLVD
Borrower City
FAYETTEVILLE
Borrower State
TN
Borrower Zip
37334-2760
Loan Status Date
12/24/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
432677.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
263677
Servicing Lender Name
Bank of Lincoln County
Servicing Lender Address
307 E College St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
37334-3005
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LINCOLN
Project State
Project Zip
CD
TN-04
Jobs Reported
31
NAICS Code
424690
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
9646.00
Payroll Proceed
372621.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
50410.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
435105.30
Forgiveness Date
11/03/2020