PPP Loan information for Lowell development & finance corporation

$41,900

Lowell development & finance corporation was initially approved for PPP Loan of amount $41,900, the current approved amount is $41,900. The loan was approved on 04/28/2020 by The Jeanne D' Arc CU reported 2 jobs and $41,900 was used to fund payroll.

Lowell development & finance corporation is Existing or more than 2 years old

LOWELL DEVELOPMENT & FINANCE CORPORATION

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOWELL DEVELOPMENT & FINANCE CORPORATION

Borrower Address

660 Suffolk Street, Suite 120

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01854

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41900.00

Current Approval Amount

41900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98374

Servicing Lender Name

Jeanne D' Arc CU

Servicing Lender Address

581 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01854-1854

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

01854-0001

CD

MA-03

Jobs Reported

2

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41900.00

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

98374

Originating Lender

Jeanne D' Arc CU

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

42260.45

Forgiveness Date

03/18/2021

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