B & B PETROLEUM, LLC (AL) - 2020 PPP Loan Borrower Profile (# 6133397007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B & B PETROLEUM, LLC. 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

6133397007

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$41,666.67

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$41,929.4

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,416.67

Payroll Proced

31,250

Lender

Premier Bank of the South

Business Detail

Business Type

Partnership

NAICS

424720

Borrower Location

CULLMAN, AL

Project Location

CULLMAN, 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.