BUDGET INN (AL) - 2020 PPP Loan Borrower Profile (# 3688217206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BUDGET INN. 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

3688217206

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$4,445

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$4,476.18

Date Loan was Forgiven

Jan 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

4,445

Lender

Cadence Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

SCOTTSBORO, AL

Project Location

SCOTTSBORO, AL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.