# PPP loan: AMERICAN SPECIALTY LLC
> **$250K** approved 04/29/2020 · Charged Off · Loan `2105637306`
## Borrower
- **Name:** AMERICAN SPECIALTY LLC
- **Address:** 845 N PADRE ISLAND DR, CORPUS CHRISTI, TX, 78406
- **NAICS:** 212321
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $205K (82%)
- **Forgiveness date:** 11/07/2022
- **Status:** Charged Off
- **Term:** 26 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 25
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*