PPP Loan information for American service co inc

$613,115

American service co inc was initially approved for PPP Loan of amount $683,424, the current approved amount is $613,115. The loan was approved on 04/09/2020 by The Eastern Bank reported 38 jobs and $613,115 was used to fund payroll.

American service co inc is Existing or more than 2 years old

PPP Loan Search / MA / QUINCY / American service co inc

AMERICAN SERVICE CO INC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AMERICAN SERVICE CO INC

Borrower Address

35 HANNA ST

Borrower City

QUINCY

Borrower State

MA

Borrower Zip

02169-5800

Loan Status Date

02/07/2023

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

683424.00

Current Approval Amount

613115.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

QUINCY

Project County Name

NORFOLK

Project State

MA

Project Zip

02169-5800

CD

MA-08

Jobs Reported

38

NAICS Code

561621

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

613115.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

488404.36

Forgiveness Date

12/02/2020

;