ALABAMA CONTRACTING AND CONSTRUCTION, LLC (AL) - 2020 PPP Loan Borrower Profile (# 1545137101)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALABAMA CONTRACTING AND CONSTRUCTION, LLC. 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
1545137101
SBA Office Code
0459
Processing Method
PPP
Curent Loan Amount
$25,102
Date Loan was Approved
Apr 10, 2020
Amount Forgiven
$25,256.1
Date Loan was Forgiven
Nov 24, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
1,800
Payroll Proced
21,302
Mortgage Interest Proceed
2,000
Lender
First Southern State Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
484110
Borrower Location
SYLVANIA, AL
Project Location
SYLVANIA, AL
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.