ALABAMA MACHINERY & SUPPLY COM (AL) - 2020 PPP Loan Borrower Profile (# 7371157005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALABAMA MACHINERY & SUPPLY COM. 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

7371157005

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$144,700

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$145,769.17

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,235

Payroll Proced

108,525

Rent Proceed

28,940

Lender

ServisFirst Bank

Business Detail

Business Type

Corporation

NAICS

423390

Borrower Location

MONTGOMERY, AL

Project Location

MONTGOMERY, AL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.