BOB'S USED CARS (AL) - 2020 PPP Loan Borrower Profile (# 6986487404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOB'S USED CARS. 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

6986487404

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$321.45

Date Loan was Approved

May 15, 2020

Amount Forgiven

$323.88

Date Loan was Forgiven

Feb 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

321.45

Lender

Friend Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

441120

Borrower Location

CHANCELLOR, AL

Project Location

CHANCELLOR, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.