PPP Loan information for Kandon inc.

$139,695

Kandon inc. was initially approved for PPP Loan of amount $139,695, the current approved amount is $139,695. The loan was approved on 01/25/2021 by The The Lowell Five Cent Savings Bank reported 19 jobs and $139,695 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

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

KANDON INC.

Borrower Address

29 Central St

Borrower City

Lowell

Borrower State

MA

Borrower Zip

01852-1905

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139695.00

Current Approval Amount

139695.00

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

19

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

139691.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

140980.96

Forgiveness Date

01/03/2022

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