AMERICAN CHAIR & SEATING CORP. (MA) - 2020 PPP Loan Borrower Profile (# 5479648608)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN CHAIR & SEATING CORP.. 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

5479648608

SBA Office Code

0101

Processing Method

PPS

Curent Loan Amount

$49,325.62

Date Loan was Approved

Mar 20, 2021

Amount Forgiven

$49,616.09

Date Loan was Forgiven

Oct 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

49,321.62

Lender

Eastern Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

423210

Borrower Location

Quincy, MA

Project Location

Quincy, MA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.