AMERICAN SERVICE CO INC (MA) - 2020 PPP Loan Borrower Profile (# 9525797001)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMERICAN SERVICE CO 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
9525797001
SBA Office Code
0101
Processing Method
PPP
Curent Loan Amount
$613,115
Date Loan was Approved
Apr 9, 2020
Amount Forgiven
$488,404.36
Date Loan was Forgiven
Dec 2, 2020
Loan Status
Paid in Full
Loan Term
59 Months
Payroll Proced
613,115
Lender
Eastern Bank
Business Detail
Business Type
Corporation
NAICS
561621
Borrower Location
QUINCY, MA
Project Location
QUINCY, MA
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
38
Business Age Description
Existing or more than 2 years old
Data Source: SBA.