PPP Loan information for Lowell corp

$275,000

Lowell corp was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/07/2020 by The Clinton Savings Bank reported 28 jobs and $275,000 was used to fund payroll.

Lowell corp is Existing or more than 2 years old

LOWELL CORP

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOWELL CORP

Borrower Address

65 Hartwell St.

Borrower City

WEST BOYLSTON

Borrower State

MA

Borrower Zip

01583-2407

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32749

Servicing Lender Name

Clinton Savings Bank

Servicing Lender Address

200 Church St

Servicing Lender City

CLINTON

Servicing Lender State

MA

Servicing Lender Zip

01510-2502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BOYLSTON

Project County Name

WORCESTER

Project State

MA

Project Zip

01583-2407

CD

MA-02

Jobs Reported

28

NAICS Code

332216

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

275000.00

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

Subchapter S Corporation

Originating Lender Location Id

32749

Originating Lender

Clinton Savings Bank

Originating Lender City

CLINTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

276763.01

Forgiveness Date

12/08/2020

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