# PPP loan: AMERICAN SERVICE CO INC
> **$613K** approved 04/09/2020 · Paid in Full · Loan `9525797001`
## Borrower
- **Name:** AMERICAN SERVICE CO INC
- **Address:** 35 HANNA ST, QUINCY, MA, 02169-5800
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $613K
- **Initial approval:** $683K
- **Forgiven:** $488K (80%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $613K
- **Jobs reported:** 38
## 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*