AMERICAN SPEED CENTER (PA) - 2020 PPP Loan Borrower Profile (# 6220687205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN SPEED CENTER. 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

6220687205

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$30,700

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$30,870.56

Date Loan was Forgiven

Nov 27, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

800

Payroll Proced

24,600

Rent Proceed

5,300

Lender

Orrstown Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

441310

Borrower Location

YORK, PA

Project Location

YORK, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.