PPP Loan information for Kandon, inc.

$107,000

Kandon, inc. was initially approved for PPP Loan of amount $107,000, the current approved amount is $107,000. The loan was approved on 04/04/2020 by The The Lowell Five Cent Savings Bank reported 16 jobs and $107,000 was used to fund payroll.

Kandon, inc. is Existing or more than 2 years old

PPP Loan Search / MA / LOWELL / Kandon, inc.

KANDON, INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

KANDON, INC.

Borrower Address

29 Central Street

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-1905

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107000.00

Current Approval Amount

107000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01852-1905

CD

MA-03

Jobs Reported

16

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9000.00

Payroll Proceed

82000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108134.49

Forgiveness Date

05/10/2021

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