ALABAMA PHYSICAL SERVICES, INC (AL) - 2020 PPP Loan Borrower Profile (# 5494397008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALABAMA PHYSICAL SERVICES, 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

5494397008

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$220,000

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

21 Months

Utilities Proced

27,500

Payroll Proced

165,000

Mortgage Interest Proceed

27,500

Lender

First Source Federal Credit Union

Business Detail

Business Type

Corporation

NAICS

621330

Borrower Location

BIRMINGHAM, AL

Project Location

BIRMINGHAM, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.