ALCHEMY HAIR LAB, LLC (AL) - 2020 PPP Loan Borrower Profile (# 2781497405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALCHEMY HAIR LAB, LLC. 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

2781497405

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$11,665

Date Loan was Approved

May 6, 2020

Amount Forgiven

$11,780.68

Date Loan was Forgiven

May 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

9,665

Mortgage Interest Proceed

1,000

Lender

First Source Federal Credit Union

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541380

Borrower Location

DOTHAN, AL

Project Location

DOTHAN, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.