BATES ENTERPRISES INC (AL) - 2020 PPP Loan Borrower Profile (# 1578997108)

Updated on April 18, 2025.

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

1578997108

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$413,400

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$415,788.53

Date Loan was Forgiven

Nov 27, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

413,400

Lender

Renasant Bank

Business Detail

Business Type

Corporation

NAICS

812320

Borrower Location

CHILDERSBURG, AL

Project Location

CHILDERSBURG, 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.