AMERICAN RENTAL & POWER EQUIPMENT, INC. (AL) - 2020 PPP Loan Borrower Profile (# 5079517108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN RENTAL & POWER EQUIPMENT, 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

5079517108

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$93,995

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$94,697.35

Date Loan was Forgiven

Jan 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

93,995

Lender

Oakworth Capital Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

532490

Borrower Location

THEODORE, AL

Project Location

THEODORE, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.