BAMA BUDWEISER OF MONTGOMERY, INC (AL) - 2020 PPP Loan Borrower Profile (# 4397637306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAMA BUDWEISER OF MONTGOMERY, 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

4397637306

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$853,300

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$864,369.2

Date Loan was Forgiven

Aug 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

42,665

Payroll Proced

639,975

Mortgage Interest Proceed

42,665

Rent Proceed

42,665

Health Care Proceed

42,665

Debt Interest Proceed

42,665

Lender

Oakworth Capital Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

424810

Borrower Location

MONTGOMERY, AL

Project Location

MONTGOMERY, AL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.