AEROSTAR INC (AL) - 2020 PPP Loan Borrower Profile (# 4404278300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AEROSTAR INC. 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

4404278300

SBA Office Code

0459

Processing Method

PPS

Curent Loan Amount

$344,460

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$347,273.09

Date Loan was Forgiven

Nov 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

344,454

Lender

Hancock Whitney Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

488190

Borrower Location

Mobile, AL

Project Location

Mobile, AL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.