AMERICAN FLEET SERVICE, INC. (VA) - 2020 PPP Loan Borrower Profile (# 1240588309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN FLEET SERVICE, 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 Virginia.

Loan Detail

Loan Number

1240588309

SBA Office Code

0304

Processing Method

PPS

Curent Loan Amount

$76,500

Date Loan was Approved

Jan 16, 2021

Amount Forgiven

$77,210.51

Date Loan was Forgiven

Dec 28, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

76,498

Lender

Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

Portsmouth, VA

Project Location

Portsmouth, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.