AMERICAN ALLOY FABRICATION, INC. (AL) - 2020 PPP Loan Borrower Profile (# 5584207001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN ALLOY FABRICATION, 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

5584207001

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$302,900

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$304,759.47

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

16,100

Payroll Proced

255,800

Rent Proceed

31,000

Lender

ServisFirst Bank

Business Detail

Business Type

Corporation

NAICS

332322

Borrower Location

HUNTSVILLE, AL

Project Location

HUNTSVILLE, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.