BAMAFI INC (AL) - 2020 PPP Loan Borrower Profile (# 5642898309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAMAFI 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

5642898309

SBA Office Code

0459

Processing Method

PPS

Curent Loan Amount

$173,817

Date Loan was Approved

Jan 25, 2021

Amount Forgiven

$174,912.29

Date Loan was Forgiven

Sep 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

173,817

Lender

Regions Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

Cullman, AL

Project Location

Cullman, 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.