AK ADDITIVES INC (PA) - 2020 PPP Loan Borrower Profile (# 4023828306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AK ADDITIVES 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 Pennsylvania.

Loan Detail

Loan Number

4023828306

SBA Office Code

0303

Processing Method

PPS

Curent Loan Amount

$41,600

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$41,790.33

Date Loan was Forgiven

Aug 4, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

41,600

Lender

Citizens Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

424690

Borrower Location

Newtown, PA

Project Location

Newtown, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.