AC, INC. (AL) - 2020 PPP Loan Borrower Profile (# 6086297008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AC, INC.. 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

6086297008

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$736,200

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$743,643.8

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

28,940

Payroll Proced

634,000

Mortgage Interest Proceed

13,860

Health Care Proceed

59,400

Lender

Bank Independent

Business Detail

Business Type

Corporation

NAICS

332994

Borrower Location

HUNTSVILLE, AL

Project Location

HUNTSVILLE, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.