AUBURN ELECTRICAL CONSTRUCTION CO., INC. (AL) - 2020 PPP Loan Borrower Profile (# 6780307107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUBURN ELECTRICAL CONSTRUCTION CO., 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

6780307107

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$900,000

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$908,775

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

900,000

Lender

AuburnBank

Business Detail

Business Type

Subchapter S Corporation

NAICS

236220

Borrower Location

AUBURN, AL

Project Location

AUBURN, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

115

Business Age Description

Existing or more than 2 years old

Data Source: SBA.