AKS GROUP, LLC (AL) - 2020 PPP Loan Borrower Profile (# 5295207005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKS GROUP, 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

5295207005

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$747,000

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$755,549

Date Loan was Forgiven

Jun 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

15,000

Payroll Proced

560,400

Mortgage Interest Proceed

27,000

Rent Proceed

144,600

Lender

ServisFirst Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

541618

Borrower Location

MOUNTAIN BRK, AL

Project Location

MOUNTAIN BRK, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

239

Business Age Description

Existing or more than 2 years old

Data Source: SBA.