PPP Loan information for Lowell iron and steel co., inc.

$100,700

Lowell iron and steel co., inc. was initially approved for PPP Loan of amount $100,700, the current approved amount is $100,700. The loan was approved on 04/28/2020 by The Enterprise Bank and Trust Company reported 8 jobs and $100,700 was used to fund payroll.

Lowell iron and steel co., inc. is Existing or more than 2 years old

LOWELL IRON AND STEEL CO., INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOWELL IRON AND STEEL CO., INC.

Borrower Address

50 TANNER ST

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-4481

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100700.00

Current Approval Amount

100700.00

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

N

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

01852-4481

CD

MA-03

Jobs Reported

8

NAICS Code

332311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7500.00

Payroll Proceed

71300.00

Mortgage Interest Proceed

0.00

Rent Proceed

10200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11700.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101715.39

Forgiveness Date

05/05/2021

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