AL MASONRY & CONCRETE INC. (NC) - 2020 PPP Loan Borrower Profile (# 7202548903)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AL MASONRY & CONCRETE 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 North Carolina.

Loan Detail

Loan Number

7202548903

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$35,000

Date Loan was Approved

May 7, 2021

Amount Forgiven

$35,182.93

Date Loan was Forgiven

Nov 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

34,999

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

238350

Borrower Location

Richlands, NC

Project Location

Richlands, NC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.