PPP Loan information for Lannan chevrolet of lowell, inc.

$790,200

Lannan chevrolet of lowell, inc. was initially approved for PPP Loan of amount $790,200, the current approved amount is $790,200. The loan was approved on 04/11/2020 by The Enterprise Bank and Trust Company reported 59 jobs and $790,200 was used to fund payroll.

Lannan chevrolet of lowell, inc. is Existing or more than 2 years old

PPP Loan Search / MA / LOWELL / Lannan chevrolet of lowell, inc.

LANNAN CHEVROLET OF LOWELL, INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LANNAN CHEVROLET OF LOWELL, INC.

Borrower Address

831 ROGERS ST

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-4337

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

790200.00

Current Approval Amount

790200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

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

01852-4337

CD

MA-03

Jobs Reported

59

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

634100.00

Mortgage Interest Proceed

0.00

Rent Proceed

84000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

52100.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

796477.70

Forgiveness Date

02/02/2021

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