ABBOTT ELECTRICAL, IN. (AL) - 2020 PPP Loan Borrower Profile (# 1684347105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABBOTT ELECTRICAL, IN.. 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

1684347105

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$62,000

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$62,620

Date Loan was Forgiven

Apr 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

62,000

Lender

Premier Bank of the South

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

LOGAN, AL

Project Location

LOGAN, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.