BLANCHARD INDUSTRIES, LLC (AL) - 2020 PPP Loan Borrower Profile (# 3056567306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLANCHARD INDUSTRIES, 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

3056567306

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$776,423

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$786,037.88

Date Loan was Forgiven

Aug 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

776,423

Lender

First Guaranty Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

561720

Borrower Location

SATSUMA, AL

Project Location

SATSUMA, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

143

Business Age Description

New Business or 2 years or less

Data Source: SBA.