1ST CHOICE BUILDERS OF MOBILE (AL) - 2020 PPP Loan Borrower Profile (# 8522968305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST CHOICE BUILDERS OF MOBILE. 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 Alabama.

Loan Detail

Loan Number
8522968305
SBA Office Code
0459
Processing Method
PPP
Curent Loan Amount
$20,833
Date Loan was Approved
Jan 29, 2021
Amount Forgiven
$16,918.71
Date Loan was Forgiven
Aug 30, 2022
Loan Status
Charged Off
Loan Term
37 Months
Utilities Proced
1
Payroll Proced
20,830
Lender
Regions Bank

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
236220
Borrower Location
mobile, AL
Project Location
mobile, AL
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.