PPP Loan information for Lowell community loan fund inc.

$95,800

Lowell community loan fund inc. was initially approved for PPP Loan of amount $95,800, the current approved amount is $95,800. The loan was approved on 05/12/2021 by The Leader Bank, National Association reported 6 jobs and $95,800 was used to fund payroll.

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

LOWELL COMMUNITY LOAN FUND INC.

Date Approved

05/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LOWELL COMMUNITY LOAN FUND INC.

Borrower Address

50 Island St Apt 103

Borrower City

Lawrence

Borrower State

MA

Borrower Zip

01840-1869

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95800.00

Current Approval Amount

95800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262380

Servicing Lender Name

Leader Bank, National Association

Servicing Lender Address

180 Massachusetts Ave

Servicing Lender City

ARLINGTON

Servicing Lender State

MA

Servicing Lender Zip

02474-8448

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

01840-1869

CD

MA-03

Jobs Reported

6

NAICS Code

522298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

95800.00

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

Non-Profit Organization

Originating Lender Location Id

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

96681.88

Forgiveness Date

05/04/2022

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