BAYLISS MACHINE & WELDING COMPANY LLC (AL) - 2020 PPP Loan Borrower Profile (# 5232277105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAYLISS MACHINE & WELDING COMPANY 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

5232277105

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$598,900

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$606,414.96

Date Loan was Forgiven

Jul 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

598,900

Lender

Regions Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332710

Borrower Location

BIRMINGHAM, AL

Project Location

BIRMINGHAM, 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.