American Classics Apparel

$343,300 PPP Loan in Hanceville, Alabama

Loan Details

Loan Number
5666857001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$343,300
Current Approval
$343,300
Forgiveness Amount
$345,293
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
American Classics Apparel
Address
160 County Road 565
State
Alabama
ZIP Code
35077-7953
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (453220)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$10.4M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$343,300

Lender Information

Servicing Lender
Southpoint Bank
Originating Lender
Merchants Bank of Alabama, a Division of Southpoint Bank

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