ALAWOOD CHIP & BIOMASS INC. (AL) - 2020 PPP Loan Borrower Profile (# 2677298509)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALAWOOD CHIP & BIOMASS 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
2677298509
SBA Office Code
0459
Processing Method
PPS
Curent Loan Amount
$125,068
Date Loan was Approved
Feb 22, 2021
Amount Forgiven
$125,561.32
Date Loan was Forgiven
Jul 22, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
125,062
Lender
Truist Bank
Business Detail
Business Type
Corporation
NAICS
321113
Borrower Location
Linden, AL
Project Location
Linden, AL
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
9
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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