AMERICAN SENIOR ASSISTANCE PROGRAMS INC (AL) - 2020 PPP Loan Borrower Profile (# 7108637108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN SENIOR ASSISTANCE PROGRAMS 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

7108637108

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$172,679

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$175,676.9

Date Loan was Forgiven

Jan 7, 2022

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

21,584.88

Payroll Proced

129,509.25

Rent Proceed

21,584.87

Lender

First Source Federal Credit Union

Business Detail

Business Type

Corporation

NAICS

623110

Borrower Location

HUNTSVILLE, AL

Project Location

HUNTSVILLE, AL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.