ALADDIN LIGHT LIFT,INC. (AL) - 2020 PPP Loan Borrower Profile (# 1483577108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALADDIN LIGHT LIFT,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
1483577108
SBA Office Code
0459
Processing Method
PPP
Curent Loan Amount
$230,500
Date Loan was Approved
Apr 10, 2020
Amount Forgiven
$232,555.29
Date Loan was Forgiven
Mar 2, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
3,600
Payroll Proced
196,900
Rent Proceed
30,000
Lender
ServisFirst Bank

Business Detail

Business Type
Corporation
NAICS
335129
Borrower Location
HUNTSVILLE, AL
Project Location
HUNTSVILLE, AL
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
17
Business Age Description
Existing or more than 2 years old
Data Source: SBA.