ALABAMA LOCK AND KEY CO. INC. (AL) - 2020 PPP Loan Borrower Profile (# 5075758305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALABAMA LOCK AND KEY CO. 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

5075758305

SBA Office Code

0459

Processing Method

PPS

Curent Loan Amount

$62,500

Date Loan was Approved

Jan 25, 2021

Amount Forgiven

$62,953.77

Date Loan was Forgiven

Nov 10, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

62,499

Lender

Regions Bank

Business Detail

Business Type

Corporation

NAICS

238990

Borrower Location

Birmingham, AL

Project Location

Birmingham, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.