PPP Loan information for Dracut barber shop

$8,513

Dracut barber shop was initially approved for PPP Loan of amount $8,513, the current approved amount is $8,513. The loan was approved on 04/28/2020 by The The Lowell Five Cent Savings Bank reported 2 jobs and $8,513 was used to fund payroll.

Dracut barber shop is Existing or more than 2 years old

DRACUT BARBER SHOP

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DRACUT BARBER SHOP

Borrower Address

1974 Lakeview Avenue

Borrower City

DRACUT

Borrower State

MA

Borrower Zip

01826

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8513.00

Current Approval Amount

8513.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

DRACUT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-0001

CD

MA-03

Jobs Reported

2

NAICS Code

812111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

270.00

Payroll Proceed

3673.00

Mortgage Interest Proceed

1327.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1243.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

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

Non-Veteran

Non Profit

Forgiveness Amount

8570.38

Forgiveness Date

01/06/2021

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