ACHAL INC (AL) - 2020 PPP Loan Borrower Profile (# 4646308800)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACHAL 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

4646308800

SBA Office Code

0459

Processing Method

PPS

Curent Loan Amount

$29,319

Date Loan was Approved

Apr 16, 2021

Amount Forgiven

$29,740.05

Date Loan was Forgiven

Oct 12, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

29,319

Lender

Woodforest National Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

Decatur, AL

Project Location

Decatur, AL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.