AMERICAN MERCHANT INC (VA) - 2020 PPP Loan Borrower Profile (# 3657277308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN MERCHANT 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

3657277308

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$166,352

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$167,169.9

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

166,352

Lender

HSBC Bank USA, National Association

Business Detail

Business Type

Corporation

NAICS

314120

Borrower Location

BRISTOL, VA

Project Location

BRISTOL, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.