BILLY REID INC. (AL) - 2020 PPP Loan Borrower Profile (# 2935908408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BILLY REID 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

2935908408

SBA Office Code

0459

Processing Method

PPS

Curent Loan Amount

$1,021,742

Date Loan was Approved

Feb 4, 2021

Amount Forgiven

$1,035,280.08

Date Loan was Forgiven

Jun 9, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

1,021,742

Lender

First Horizon Bank

Business Detail

Business Type

Corporation

NAICS

448150

Borrower Location

Florence, AL

Project Location

Florence, AL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

109

Business Age Description

Existing or more than 2 years old

Data Source: SBA.