BAMA BUDWEISER OF SELMA (AL) - 2020 PPP Loan Borrower Profile (# 4396717304)

Updated on April 18, 2025.

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

4396717304

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$328,800

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$333,065.27

Date Loan was Forgiven

Aug 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

16,440

Payroll Proced

246,600

Mortgage Interest Proceed

16,440

Rent Proceed

16,440

Health Care Proceed

16,440

Debt Interest Proceed

16,440

Lender

Oakworth Capital Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

424810

Borrower Location

SELMA, AL

Project Location

SELMA, AL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.