AGS DISTRIBUTION INC (AL) - 2020 PPP Loan Borrower Profile (# 2754627706)

Updated on April 18, 2025.

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

2754627706

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$101,215

Date Loan was Approved

May 1, 2020

Amount Forgiven

$102,556.83

Date Loan was Forgiven

Sep 1, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,000

Payroll Proced

80,000

Rent Proceed

17,215

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

493110

Borrower Location

OPELIKA, AL

Project Location

OPELIKA, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.