ADVANTAGE DIABETIC & MEDICAL SUPPLY (AL) - 2020 PPP Loan Borrower Profile (# 8497617306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE DIABETIC & MEDICAL SUPPLY. 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

8497617306

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$39,560

Date Loan was Approved

May 1, 2020

Amount Forgiven

$39,960

Date Loan was Forgiven

May 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,945

Payroll Proced

29,670

Rent Proceed

4,945

Lender

First Source Federal Credit Union

Business Detail

Business Type

Subchapter S Corporation

NAICS

423450

Borrower Location

MOBILE, AL

Project Location

MOBILE, AL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.