BAYSHORE CONSTRUCTION CO., INC. (AL) - 2020 PPP Loan Borrower Profile (# 6230947008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAYSHORE CONSTRUCTION CO., 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

6230947008

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$302,700

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$305,415.89

Date Loan was Forgiven

Mar 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

278,700

Rent Proceed

4,000

Health Care Proceed

10,000

Lender

The First Bank

Business Detail

Business Type

Corporation

NAICS

236220

Borrower Location

BAY MINETTE, AL

Project Location

BAY MINETTE, 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.