BLACK & HUGHSTON PC (AL) - 2020 PPP Loan Borrower Profile (# 9780997010)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BLACK & HUGHSTON PC. 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
9780997010
SBA Office Code
0459
Processing Method
PPP
Curent Loan Amount
$108,258.05
Date Loan was Approved
Apr 9, 2020
Amount Forgiven
$108,898.58
Date Loan was Forgiven
Nov 17, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
81,193.53
Health Care Proceed
27,064.52
Lender
First Southern Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
541110
Borrower Location
MUSCLE SHOALS, AL
Project Location
MUSCLE SHOALS, AL
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
8
Business Age Description
Existing or more than 2 years old
Data Source: SBA.