2ND CHANCE INC (AL) - 2020 PPP Loan Borrower Profile (# 9121367310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 2ND CHANCE 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

9121367310

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$204,330

Date Loan was Approved

May 1, 2020

Amount Forgiven

$87,844.22

Date Loan was Forgiven

May 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

170,000

Rent Proceed

24,330

Lender

NobleBank & Trust

Business Detail

Business Type

Non-Profit Organization

NAICS

624221

Borrower Location

ANNISTON, AL

Project Location

ANNISTON, 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.