ANNISTON AUTO ACQUISITIONS, INC (AL) - 2020 PPP Loan Borrower Profile (# 2409707106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANNISTON AUTO ACQUISITIONS, 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

2409707106

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$343,259

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$346,023.88

Date Loan was Forgiven

Feb 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

13,259

Payroll Proced

310,000

Rent Proceed

20,000

Lender

First Bank of Boaz

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

Anniston, AL

Project Location

Anniston, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.