PPP Loan information for American shipping services inc

$205,000

American shipping services inc was initially approved for PPP Loan of amount $205,000, the current approved amount is $205,000. The loan was approved on 05/01/2020 by The Citizens Bank, National Association reported 50 jobs and $205,000 was used to fund payroll.

American shipping services inc is Existing or more than 2 years old

AMERICAN SHIPPING SERVICES INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN SHIPPING SERVICES INC

Borrower Address

1289 Hunter Ct

Borrower City

Milford

Borrower State

MI

Borrower Zip

48381

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

205000.00

Current Approval Amount

205000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

OAKLAND

Project State

MI

Project Zip

48381-0001

CD

MI-07

Jobs Reported

50

NAICS Code

488510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

205000.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;