B&C WOOD LLC (AL) - 2020 PPP Loan Borrower Profile (# 8973507103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B&C WOOD 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

8973507103

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$228,892

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$230,805.79

Date Loan was Forgiven

Feb 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

15,000

Payroll Proced

183,114

Rent Proceed

15,778

Debt Interest Proceed

15,000

Lender

22nd State Bank

Business Detail

Business Type

Corporation

NAICS

113310

Borrower Location

Brewton, AL

Project Location

Brewton, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.