AREA SAND & GRAVEL, INC. (AL) - 2020 PPP Loan Borrower Profile (# 5222337106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AREA SAND & GRAVEL, 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

5222337106

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$114,165

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$114,792.91

Date Loan was Forgiven

Nov 5, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

28,541

Payroll Proced

85,624

Lender

First Community Bank of Central Alabama

Business Detail

Business Type

Corporation

NAICS

423390

Borrower Location

WETUMPKA, AL

Project Location

WETUMPKA, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.