Alabama Motor Express INC
$2,506,000 PPP Loan in Ashford, Alabama
Loan Details
- Loan Number
- 8226787004
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,506,000
- Current Approval
- $2,506,000
- Forgiveness Amount
- $2,534,193
- Forgiveness Date
- May 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Alabama Motor Express INC
- Address
- 10720 US Hwy 84 East
- City
- Ashford
- State
- Alabama
- ZIP Code
- 36312-4497
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (484121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 253
- Estimated Revenue
- $51.0M
- Rural/Urban
- Rural
- Congressional District
- AL-02
Loan Use Breakdown
- Payroll
- $2,390,504
- Utilities
- $52,140
- Mortgage Interest
- $63,356
Lender Information
- Servicing Lender
- Servisfirst Bank
- Originating Lender
- Servisfirst Bank
Other PPP Loans in Ashford, AL
| Business | Approved | |
|---|---|---|
| Summerford Truck Line INC | $788,200 | |
| Eastern Technologies, INC | $783,300 | |
| Summerford Pallet Company INC | $588,400 | |
| Andrews U.s. Mail INC | $167,372 | |
| Salter Insurance Agency, LLC | $119,200 |
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