ALABAMA INDUSTRIAL DISTRIBUTORS, INC. (AL) - 2020 PPP Loan Borrower Profile (# 2597977200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALABAMA INDUSTRIAL DISTRIBUTORS, 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

2597977200

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$91,616

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$92,898.62

Date Loan was Forgiven

Sep 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

91,616

Lender

Cross River Bank

Business Detail

Business Type

Corporation

NAICS

423840

Borrower Location

Oxford, AL

Project Location

Oxford, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.