As part of the Paycheck Protection Program SHELBY RIDGE ACQUISITION CORPORATION was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

SHELBY RIDGE ACQUISITION CORPORATION


Loan Amount	$1,116,200
BusinessName	SHELBY RIDGE ACQUISITION CORPORATION
Address	881 3RD ST NE
City	ALABASTER
State	AL
Zip	35007
NAICSCode	623110
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	200
DateApproved	05/27/2020
Lender	ServisFirst Bank
CD	AL-06
BusinessName.clean	SHELBY RIDGE ACQUISITION

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

SHELBY TRANSPORT
SHELDON MANUFACTURING
SHELDON MECHANICAL
SHELDON PRECISION
AVENAL COMMUNITY HEALTH CENTER