ALFAB, INC (WV) - 2020 PPP Loan Borrower Profile (# 1682217108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALFAB, 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 West Virginia.

Loan Detail

Loan Number

1682217108

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$608,774

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$612,543.4

Date Loan was Forgiven

Nov 27, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

13,350

Payroll Proced

592,424

Rent Proceed

3,000

Lender

Union Bank, Inc.

Business Detail

Business Type

Corporation

NAICS

336212

Borrower Location

SMITHVILLE, WV

Project Location

SMITHVILLE, WV

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.