PPP Loan information for Lowell corporation

$290,778

Lowell corporation was initially approved for PPP Loan of amount $290,778, the current approved amount is $290,778. The loan was approved on 01/30/2021 by The Clinton Savings Bank reported 18 jobs and $290,778 was used to fund payroll.

Lowell corporation is Existing or more than 2 years old

LOWELL CORPORATION

Date Approved

01/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LOWELL CORPORATION

Borrower Address

65 Hartwell St

Borrower City

West Boylston

Borrower State

MA

Borrower Zip

01583-2407

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

290777.50

Current Approval Amount

290777.50

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

18

NAICS Code

332216

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

290776.50

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

292267.24

Forgiveness Date

08/10/2021

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