BLOUNT'S PRESS BRAKE INC (AL) - 2020 PPP Loan Borrower Profile (# 4295368401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLOUNT'S PRESS BRAKE 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

4295368401

SBA Office Code

0459

Processing Method

PPS

Curent Loan Amount

$31,190

Date Loan was Approved

Feb 6, 2021

Amount Forgiven

$31,461.74

Date Loan was Forgiven

Dec 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

31,190

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

332510

Borrower Location

Gordo, AL

Project Location

Gordo, 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.