PPP Loan information for Lowell academy inc

$70,600

Lowell academy inc was initially approved for PPP Loan of amount $70,600, the current approved amount is $70,600. The loan was approved on 04/27/2020 by The Enterprise Bank and Trust Company reported 9 jobs and $70,600 was used to fund payroll.

Lowell academy inc is Existing or more than 2 years old

LOWELL ACADEMY INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOWELL ACADEMY INC

Borrower Address

136 CENTRAL ST

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-1909

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70600.00

Current Approval Amount

70600.00

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

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

01852-1909

CD

MA-03

Jobs Reported

9

NAICS Code

611511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4100.00

Payroll Proceed

56500.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4000.00

Debt Interest Proceed

0

Business Type

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

71327.57

Forgiveness Date

05/13/2021

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