BIRMINGHAM MORTGAGE GROUP, LLC (AL) - 2020 PPP Loan Borrower Profile (# 1514487109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BIRMINGHAM MORTGAGE GROUP, LLC. 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

1514487109

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$89,700

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$90,796.33

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,485

Payroll Proced

67,275

Mortgage Interest Proceed

4,485

Rent Proceed

4,485

Health Care Proceed

4,485

Debt Interest Proceed

4,485

Lender

Oakworth Capital Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

522310

Borrower Location

VESTAVIA, AL

Project Location

VESTAVIA, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.