BILLY SPRINGFIELD (AL) - 2020 PPP Loan Borrower Profile (# 7885968800)

Updated on April 18, 2025.

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

7885968800

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$20,833.32

Date Loan was Approved

Apr 22, 2021

Amount Forgiven

$20,897.56

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,833.32

Lender

West Alabama Bank & Trust

Business Detail

Business Type

Sole Proprietorship

NAICS

484230

Borrower Location

Carbon Hill, AL

Project Location

Carbon Hill, 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.