AMERICAN POWER LLC (PA) - 2020 PPP Loan Borrower Profile (# 8209797103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN POWER LLC. 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

8209797103

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$61,677

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$62,121.41

Date Loan was Forgiven

Jan 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

700

Payroll Proced

42,461

Mortgage Interest Proceed

Rent Proceed

18,516

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423610

Borrower Location

Philadelphia, PA

Project Location

Philadelphia, PA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.