AMERICAN SYSTEMS CORPORATION (MA) - 2020 PPP Loan Borrower Profile (# 6997027205)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMERICAN SYSTEMS CORPORATION. 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
6997027205
SBA Office Code
0101
Processing Method
PPP
Curent Loan Amount
$27,880
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$28,059.67
Date Loan was Forgiven
Dec 31, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
0
Payroll Proced
27,880
Rent Proceed
0
Refinance EIDL Proceed
0
Lender
Transportation Alliance Bank, Inc. d/b/a TAB Bank
Business Detail
Business Type
Corporation
NAICS
423330
Borrower Location
Holbrook, MA
Project Location
Holbrook, MA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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