BIG BROTHERS BIG SISTERS OF NORTHEAST AL (AL) - 2020 PPP Loan Borrower Profile (# 2597438405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BIG BROTHERS BIG SISTERS OF NORTHEAST AL. 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

2597438405

SBA Office Code

0459

Processing Method

PPS

Curent Loan Amount

$29,029.7

Date Loan was Approved

Feb 3, 2021

Amount Forgiven

$29,235.69

Date Loan was Forgiven

Oct 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

29,025.7

Lender

The Exchange Bank of Alabama

Business Detail

Business Type

Non-Profit Organization

NAICS

624110

Borrower Location

Gadsden, AL

Project Location

Gadsden, AL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.