ALBEMARLE PAPER SUPPLY, INC. (NC) - 2020 PPP Loan Borrower Profile (# 4432237202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBEMARLE PAPER SUPPLY, 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

4432237202

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$128,675

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$129,859.52

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

128,675

Lender

Pinnacle Bank

Business Detail

Business Type

Corporation

NAICS

424130

Borrower Location

ALBEMARLE, NC

Project Location

ALBEMARLE, NC

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.