ALABAMA REAL ESTATE CONNECTION, L.L.C. (AL) - 2020 PPP Loan Borrower Profile (# 6272047105)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALABAMA REAL ESTATE CONNECTION, L.L.C.. 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
6272047105
SBA Office Code
0459
Processing Method
PPP
Curent Loan Amount
$41,666.65
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$41,920.12
Date Loan was Forgiven
Nov 23, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
1,000
Payroll Proced
39,166.65
Mortgage Interest Proceed
1,500
Lender
Brantley Bank and Trust Company
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
531210
Borrower Location
TROY, AL
Project Location
TROY, AL
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
Existing or more than 2 years old
Data Source: SBA.