BANKS QUARLES PLUMBING HEATING COOLING INC (AL) - 2020 PPP Loan Borrower Profile (# 5677917001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BANKS QUARLES PLUMBING HEATING COOLING 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

5677917001

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$248,000

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$250,170

Date Loan was Forgiven

Feb 23, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,260

Payroll Proced

203,940

Rent Proceed

9,000

Debt Interest Proceed

31,800

Lender

ServisFirst Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238220

Borrower Location

TUSCALOOSA, AL

Project Location

TUSCALOOSA, 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.