ADDISON TRUSS & BUILDING SUPPLY LLC (AL) - 2020 PPP Loan Borrower Profile (# 2367857106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADDISON TRUSS & BUILDING SUPPLY LLC. 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

2367857106

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$93,300

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$94,220.04

Date Loan was Forgiven

Apr 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

70,000

Rent Proceed

23,300

Lender

Peoples Bank of Alabama

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

321992

Borrower Location

CLEVELAND, AL

Project Location

CLEVELAND, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.