PPP Loan information for Alvelo enterprises llc

$230,207

Alvelo enterprises llc was initially approved for PPP Loan of amount $230,207, the current approved amount is $230,207. The loan was approved on 04/16/2020 by The The Lowell Five Cent Savings Bank reported 25 jobs and $230,207 was used to fund payroll.

Alvelo enterprises llc is Existing or more than 2 years old

PPP Loan Search / MA / DANVERS / Alvelo enterprises llc

ALVELO ENTERPRISES LLC

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ALVELO ENTERPRISES LLC

Borrower Address

4 EASTCOAST RD

Borrower City

DANVERS

Borrower State

MA

Borrower Zip

01923-1377

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230207.00

Current Approval Amount

230207.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVERS

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1377

CD

MA-06

Jobs Reported

25

NAICS Code

561730

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

190442.00

Mortgage Interest Proceed

29665.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7600.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

232458.61

Forgiveness Date

04/12/2021

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