ABSOLUTE PRECISION SCREW MACHINE PRODUCTS CORP. (AL) - 2020 PPP Loan Borrower Profile (# 3020468501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE PRECISION SCREW MACHINE PRODUCTS CORP.. 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

3020468501

SBA Office Code

0459

Processing Method

PPS

Curent Loan Amount

$40,050

Date Loan was Approved

Feb 22, 2021

Amount Forgiven

$40,269.16

Date Loan was Forgiven

Sep 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

40,048

Lender

Trustmark National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332722

Borrower Location

Athens, AL

Project Location

Athens, 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.