ALA TEX LLC (AL) - 2020 PPP Loan Borrower Profile (# 2205647110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALA TEX 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

2205647110

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$108,800

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$109,595.88

Date Loan was Forgiven

Jan 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

14,300

Payroll Proced

94,500

Lender

Community Bank of Mississippi

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

447110

Borrower Location

SATSUMA, AL

Project Location

SATSUMA, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.