AMERICAN STRAP, INC. (AR) - 2020 PPP Loan Borrower Profile (# 7945657100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN STRAP, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Arkansas.

Loan Detail

Loan Number

7945657100

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$187,792

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$189,005.17

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

187,792

Lender

U.S. Bank, National Association

Business Detail

Business Type

Corporation

NAICS

316998

Borrower Location

LEAD HILL, AR

Project Location

LEAD HILL, AR

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.