ADAM BURCHELL (AL) - 2020 PPP Loan Borrower Profile (# 5434537207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAM BURCHELL. 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

5434537207

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$20,832

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$20,974.93

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,083.34

Payroll Proced

15,625

Mortgage Interest Proceed

3,123.66

Lender

First Metro Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

541110

Borrower Location

SHEFFIELD, AL

Project Location

SHEFFIELD, 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.