ANDRESS ENGINEERING ASSOCIATES, INC. (AL) - 2020 PPP Loan Borrower Profile (# 6285607008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANDRESS ENGINEERING ASSOCIATES, 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

6285607008

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$712,095

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$718,385.17

Date Loan was Forgiven

Mar 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

712,095

Lender

SouthPoint Bank

Business Detail

Business Type

Corporation

NAICS

541330

Borrower Location

ALABASTER, AL

Project Location

ALABASTER, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.