ALABAMA SHIPYARD LLC (AL) - 2020 PPP Loan Borrower Profile (# 2325848504)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALABAMA SHIPYARD 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

2325848504

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$2,187,322

Date Loan was Approved

Feb 20, 2021

Amount Forgiven

$2,203,423.12

Date Loan was Forgiven

Nov 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

2,187,318

Lender

First Horizon Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

336611

Borrower Location

Mobile, AL

Project Location

Mobile, AL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

137

Business Age Description

Existing or more than 2 years old

Data Source: SBA.