# PPP loan: AMERICAN SHIPPING SERVICES INC
> **$205K** approved 05/01/2020 · Charged Off · Loan `8970017702`
## Borrower
- **Name:** AMERICAN SHIPPING SERVICES INC
- **Address:** 1289 Hunter Ct, Milford, MI, 48381
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Status:** Charged Off
- **Term:** 10 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 50
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*