AGS DISTRIBUTION INC. (AL) - 2020 PPP Loan Borrower Profile (# 9298908504)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AGS DISTRIBUTION 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

9298908504

SBA Office Code

0459

Processing Method

PPS

Curent Loan Amount

$150,000

Date Loan was Approved

Mar 12, 2021

Amount Forgiven

$151,433.25

Date Loan was Forgiven

Mar 3, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

149,995

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

336360

Borrower Location

Opelika, AL

Project Location

Opelika, 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.