BAMA AIR SYSTEMS MECHANICAL CONTRACTORS, INC (AL) - 2020 PPP Loan Borrower Profile (# 7941007009)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BAMA AIR SYSTEMS MECHANICAL CONTRACTORS, 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
7941007009
SBA Office Code
0459
Processing Method
PPP
Curent Loan Amount
$149,400
Date Loan was Approved
Apr 8, 2020
Amount Forgiven
$150,313
Date Loan was Forgiven
Nov 17, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
149,400
Lender
Merchants Bank of Alabama, A Division of SouthPoint Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
238220
Borrower Location
CULLMAN, AL
Project Location
CULLMAN, AL
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
16
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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