PPP Loan information for Lowell exchange inc.

$50,037

Lowell exchange inc. was initially approved for PPP Loan of amount $50,037, the current approved amount is $50,037. The loan was approved on 05/18/2021 by The Itria Ventures LLC reported 7 jobs and $50,037 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

05/18/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LOWELL EXCHANGE INC.

Borrower Address

755 Lakeview Ave

Borrower City

Lowell

Borrower State

MA

Borrower Zip

01850-1829

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50037.00

Current Approval Amount

50037.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

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

7

NAICS Code

453998

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50031.00

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50581.85

Forgiveness Date

06/23/2022

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