ABRAHAM STEEL (AL) - 2020 PPP Loan Borrower Profile (# 1600368906)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABRAHAM STEEL. 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

1600368906

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$18,866

Date Loan was Approved

Apr 26, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

36 Months

Payroll Proced

18,866

Lender

Benworth Capital

Business Detail

Business Type

Self-Employed Individuals

NAICS

722320

Borrower Location

Demopolis, AL

Project Location

Demopolis, AL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.