AMERICAN ANCHOR INC. (MA) - 2020 PPP Loan Borrower Profile (# 3494727404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN ANCHOR 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

3494727404

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$377,678

Date Loan was Approved

May 7, 2020

Amount Forgiven

$380,916.72

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

377,678

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

561790

Borrower Location

FOXBORO, MA

Project Location

FOXBORO, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.