ATMORE INDUSTRIES, INC. (AL) - 2020 PPP Loan Borrower Profile (# 3946207207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ATMORE INDUSTRIES, 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

3946207207

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$226,905

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$195,427.92

Date Loan was Forgiven

Nov 10, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

45,381

Payroll Proced

136,326

Health Care Proceed

45,198

Lender

Mercantile Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

313310

Borrower Location

ATMORE, AL

Project Location

ATMORE, AL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.