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Protomet Corporation

Oak Ridge, TN 37830

The loans, in SBA’s record

$2.7 million
Approved
$2,659,245
The amount of every loan as it now stands, added together.
2
Loans
1 first draw and 1 second draw.
$2.7 million
Forgiven
$2,672,124
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $2,659,245
By the amount SBA approved, ranks 19,782nd of 10,688,106 borrowers nationally, 285th of 215,754 in Tennessee and 6th of 1,323 in the project’s county, Anderson, TN. Larger than 99% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

4 more columns on a wider screen

Paycheck Protection Program loans to Protomet Corporation, as SBA recorded them
Approved onAmountStatusForgiven
April 12, 2020$1.2 millionPaid in Full$1.2 million
January 28, 2021$1.4 millionPaid in Full$1.4 million

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved

Protomet Corporation: $2.7 million in PPP loans (2020–2021)