B H CRAIG CONSTRUCTION COMPANY, INC. (AL) - 2020 PPP Loan Borrower Profile (# 1056077106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B H CRAIG CONSTRUCTION COMPANY, 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

1056077106

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$1,693,537.17

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$1,703,039.8

Date Loan was Forgiven

Nov 5, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,304

Payroll Proced

1,461,944.17

Rent Proceed

8,000

Health Care Proceed

220,289

Lender

Bank Independent

Business Detail

Business Type

Subchapter S Corporation

NAICS

236220

Borrower Location

FLORENCE, AL

Project Location

FLORENCE, AL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

105

Business Age Description

Existing or more than 2 years old

Data Source: SBA.