ABEL ELY (AL) - 2020 PPP Loan Borrower Profile (# 3972009006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABEL ELY. 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

3972009006

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$4,165

Date Loan was Approved

May 20, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

31 Months

Utilities Proced

Payroll Proced

4,163

Lender

Prestamos CDFI, LLC

Business Detail

Business Type

Sole Proprietorship

NAICS

811198

Borrower Location

Mobile, AL

Project Location

Mobile, AL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.