BANKS TRANSPORTING LLC (AL) - 2020 PPP Loan Borrower Profile (# 3594148302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BANKS TRANSPORTING LLC. 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

3594148302

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$5,500

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$5,574.25

Date Loan was Forgiven

May 31, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

5,494

Lender

United Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

484121

Borrower Location

Foley, AL

Project Location

Foley, 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.