AMERICAN CRANE AND HOIST CORP. (MA) - 2020 PPP Loan Borrower Profile (# 2580697105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN CRANE AND HOIST 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

2580697105

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$132,500

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$133,803.22

Date Loan was Forgiven

Apr 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

132,500

Lender

Berkshire Bank

Business Detail

Business Type

Corporation

NAICS

238990

Borrower Location

BOSTON, MA

Project Location

BOSTON, MA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.