PPP Loan information for Lowell community loan fund

$133,500

Lowell community loan fund was initially approved for PPP Loan of amount $133,500, the current approved amount is $133,500. The loan was approved on 04/10/2020 by The Enterprise Bank and Trust Company reported 7 jobs and $133,500 was used to fund payroll.

Lowell community loan fund is Existing or more than 2 years old

PPP Loan Search / MA / LAWRENCE / Lowell community loan fund

LOWELL COMMUNITY LOAN FUND

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOWELL COMMUNITY LOAN FUND

Borrower Address

50 ISLAND ST

Borrower City

LAWRENCE

Borrower State

MA

Borrower Zip

01840-1803

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133500.00

Current Approval Amount

133500.00

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

LAWRENCE

Project County Name

ESSEX

Project State

MA

Project Zip

01840-1803

CD

MA-03

Jobs Reported

7

NAICS Code

624229

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

126500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

135090.88

Forgiveness Date

06/24/2021

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