PPP Loan information for American exploration company

$891,700

American exploration company was initially approved for PPP Loan of amount $891,700, the current approved amount is $891,700. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 70 jobs and $891,700 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

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

AMERICAN EXPLORATION COMPANY

Borrower Address

525 Plymouth Rd

Borrower City

Plymouth Meeting

Borrower State

PA

Borrower Zip

19462-1640

Loan Status Date

08/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

891700.00

Current Approval Amount

891700.00

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

19462-1640

CD

PA-04

Jobs Reported

70

NAICS Code

484110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

891700.00

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

911069.71

Forgiveness Date

07/14/2022

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