PPP Loan information for Lowell exchange inc.

$57,200

Lowell exchange inc. was initially approved for PPP Loan of amount $57,200, the current approved amount is $57,200. The loan was approved on 05/06/2020 by The Enterprise Bank and Trust Company reported 10 jobs and $57,200 was used to fund payroll.

Lowell exchange inc. is Existing or more than 2 years old

PPP Loan Search / MA / LOWELL / Lowell exchange inc.

LOWELL EXCHANGE INC.

Date Approved

05/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOWELL EXCHANGE INC.

Borrower Address

755 LAKEVIEW AVE

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01850-1829

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57200.00

Current Approval Amount

57200.00

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

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01850-1829

CD

MA-03

Jobs Reported

10

NAICS Code

522298

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57200.00

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

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57741.81

Forgiveness Date

04/21/2021

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