AMASTAN TECHNOLOGIES INC (MA) - 2020 PPP Loan Borrower Profile (# 6662377203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMASTAN TECHNOLOGIES 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 Massachusetts.

Loan Detail

Loan Number

6662377203

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$773,295

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$777,526.64

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

22,125

Payroll Proced

718,772

Rent Proceed

32,398

Lender

Bankwell Bank

Business Detail

Business Type

Corporation

NAICS

541715

Borrower Location

North Andover, MA

Project Location

North Andover, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.