BLACK BROTHERS EQUIPMENT SALES INC (AL) - 2020 PPP Loan Borrower Profile (# 9435737110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLACK BROTHERS EQUIPMENT SALES 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

9435737110

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$24,142.5

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$24,316.86

Date Loan was Forgiven

Jan 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

22,870

Health Care Proceed

1,272.5

Lender

West Alabama Bank & Trust

Business Detail

Business Type

Corporation

NAICS

336212

Borrower Location

Fayette, AL

Project Location

Fayette, 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.