# PPP loan: AMERICAN FOOD SYSTEMS, INC.
> **$172K** approved 04/07/2020 · Paid in Full · Loan `6662767006`
## Borrower
- **Name:** AMERICAN FOOD SYSTEMS, INC.
- **Address:** 30 B Street, BURLINGTON, MA, 01803-3407
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 18
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*