PPP Loan information for American exploration company

$868,900

American exploration company was initially approved for PPP Loan of amount $750,000, the current approved amount is $868,900. The loan was approved on 04/01/2021 by The Newtek Small Business Finance, Inc. reported 75 jobs and $868,900 was used to fund payroll.

American exploration company is Existing or more than 2 years old

PPP Loan Search / PA / Plymouth Meeting / American exploration company

AMERICAN EXPLORATION COMPANY

Date Approved

04/01/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

AMERICAN EXPLORATION COMPANY

Borrower Address

525 Plymouth Rd

Borrower City

Plymouth Meeting

Borrower State

PA

Borrower Zip

19462-1640

Loan Status Date

03/09/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

750000.00

Current Approval Amount

868900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth Meeting

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19462-1609

CD

PA-04

Jobs Reported

75

NAICS Code

237990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

868895.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

884154.02

Forgiveness Date

02/02/2023

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