# PPP loan: AMERICAN EXPLORATION COMPANY
> **$869K** approved 04/01/2021 · Paid in Full · Loan `4625288710`
## Borrower
- **Name:** AMERICAN EXPLORATION COMPANY
- **Address:** 525 Plymouth Rd, Plymouth Meeting, PA, 19462-1640
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $869K
- **Initial approval:** $750K
- **Forgiven:** $884K (102%)
- **Forgiveness date:** 02/02/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $869K
- **Utilities:** $1
- **Jobs reported:** 75
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*