ALLRIGHT TOOL CO. INC. (AL) - 2020 PPP Loan Borrower Profile (# 6953588301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLRIGHT TOOL CO. 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

6953588301

SBA Office Code

0459

Processing Method

PPS

Curent Loan Amount

$165,478

Date Loan was Approved

Jan 27, 2021

Amount Forgiven

$167,817.68

Date Loan was Forgiven

Jun 22, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

165,473

Lender

ServisFirst Bank

Business Detail

Business Type

Corporation

NAICS

811310

Borrower Location

Birmingham, AL

Project Location

Birmingham, 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.