BIGBEE STEEL BUILDINGS, INC. (AL) - 2020 PPP Loan Borrower Profile (# 6650207005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BIGBEE STEEL BUILDINGS, 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

6650207005

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$1,519,300

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$1,131,499.44

Date Loan was Forgiven

Feb 17, 2021

Loan Status

Exemption 4

Loan Term

59 Months

Utilities Proced

151,930

Payroll Proced

1,367,370

Lender

First Metro Bank

Business Detail

Business Type

Corporation

NAICS

238120

Borrower Location

MUSCLE SHOALS, AL

Project Location

MUSCLE SHOALS, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

101

Business Age Description

Existing or more than 2 years old

Data Source: SBA.