ACOVAR, INC. (TN) - 2020 PPP Loan Borrower Profile (# 5407267704)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ACOVAR, INC.. The PPP program 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
5407267704
SBA Office Code
0474
Processing Method
PPP
Curent Loan Amount
$26,293
Date Loan was Approved
May 1, 2020
Amount Forgiven
$26,514.15
Date Loan was Forgiven
Mar 10, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
26,293
Lender
Bank of America, National Association
Business Detail
Business Type
Corporation
NAICS
999990
Borrower Location
NASHVILLE, TN
Project Location
NASHVILLE, TN
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
5
Business Age Description
New Business or 2 years or less
Data Source: SBA.