ALABAMA SHAKESPEARE FESTIVAL (AL) - 2020 PPP Loan Borrower Profile (# 6050997004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALABAMA SHAKESPEARE FESTIVAL. 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

6050997004

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$775,700

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$782,875.22

Date Loan was Forgiven

Mar 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

60,882

Payroll Proced

594,046

Rent Proceed

41,130

Health Care Proceed

61,845

Debt Interest Proceed

17,797

Lender

River Bank & Trust

Business Detail

Business Type

Professional Association

NAICS

711110

Borrower Location

MONTGOMERY, AL

Project Location

MONTGOMERY, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

120

Business Age Description

Existing or more than 2 years old

Data Source: SBA.