BAMA-BIO TECH CORPORATION (AL) - 2020 PPP Loan Borrower Profile (# 1692269010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAMA-BIO TECH CORPORATION. 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

1692269010

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$25,081

Date Loan was Approved

May 13, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

38 Months

Payroll Proced

25,081

Lender

Leader Bank, National Association

Business Detail

Business Type

Corporation

NAICS

325611

Borrower Location

Vernon, AL

Project Location

Vernon, 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.