AMERICAN AUTO EXCHANGE INC (NE) - 2020 PPP Loan Borrower Profile (# 7390237000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN AUTO EXCHANGE 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 Nebraska.

Loan Detail

Loan Number

7390237000

SBA Office Code

0766

Processing Method

PPP

Curent Loan Amount

$56,125

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$56,402.51

Date Loan was Forgiven

Oct 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,015.63

Payroll Proced

42,093.74

Mortgage Interest Proceed

7,015.63

Lender

FirsTier Bank

Business Detail

Business Type

Corporation

NAICS

441120

Borrower Location

KEARNEY, NE

Project Location

KEARNEY, NE

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.