AMERICAN RIBBON MFRS. INC. (PA) - 2020 PPP Loan Borrower Profile (# 7981507207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN RIBBON MFRS. 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

7981507207

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$56,600

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$57,051.23

Date Loan was Forgiven

Feb 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,132

Payroll Proced

50,940

Rent Proceed

2,264

Health Care Proceed

2,264

Lender

ESSA Bank & Trust

Business Detail

Business Type

Corporation

NAICS

314999

Borrower Location

STROUDSBURG, PA

Project Location

STROUDSBURG, PA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.