80 BEANS COFFEE COMPANY (AL) - 2020 PPP Loan Borrower Profile (# 2310507301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 80 BEANS COFFEE COMPANY. 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

2310507301

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$18,000

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$18,186.41

Date Loan was Forgiven

May 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,250

Payroll Proced

13,500

Rent Proceed

2,250

Lender

Celtic Bank Corporation

Business Detail

Business Type

Sole Proprietorship

NAICS

721199

Borrower Location

Gurley, AL

Project Location

Gurley, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.