PPP Loan information for Lowell inc

$1,534,189

Lowell inc was initially approved for PPP Loan of amount $1,534,189, the current approved amount is $1,534,189. The loan was approved on 03/12/2021 by The Wells Fargo Bank, National Association reported 84 jobs and $1,534,189 was used to fund payroll.

Lowell inc is Existing or more than 2 years old

PPP Loan Search / MN / Brooklyn Park / Lowell inc

LOWELL INC

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LOWELL INC

Borrower Address

9425 83rd Ave N

Borrower City

Brooklyn Park

Borrower State

MN

Borrower Zip

55445-2103

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1534189.00

Current Approval Amount

1534189.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn Park

Project County Name

HENNEPIN

Project State

MN

Project Zip

55445-2103

CD

MN-03

Jobs Reported

84

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1534189.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1549951.22

Forgiveness Date

03/28/2022

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