AMERICAN FUTURE SYSTEMS, INC (PA) - 2020 PPP Loan Borrower Profile (# 3879487209)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMERICAN FUTURE SYSTEMS, 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
3879487209
SBA Office Code
0303
Processing Method
PPP
Curent Loan Amount
$1,540,646
Date Loan was Approved
Apr 27, 2020
Amount Forgiven
$1,552,380.24
Date Loan was Forgiven
Feb 4, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
1,399,406
Health Care Proceed
141,240
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Subchapter S Corporation
NAICS
511120
Borrower Location
Malvern, PA
Project Location
Malvern, PA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
231
Business Age Description
Existing or more than 2 years old
Data Source: SBA.