BINI THREADING LOUNGE (AL) - 2020 PPP Loan Borrower Profile (# 4249578502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BINI THREADING LOUNGE. 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

4249578502

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$10,000

Date Loan was Approved

Feb 25, 2021

Amount Forgiven

$10,068.22

Date Loan was Forgiven

Nov 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

9,997

Lender

Regions Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

812112

Borrower Location

Birmingham, AL

Project Location

Birmingham, AL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.