PPP Loan information for Lowell school inc.

$1,687,931

Lowell school inc. was initially approved for PPP Loan of amount $1,687,931, the current approved amount is $1,687,931. The loan was approved on 03/24/2021 by The Truist Bank reported 109 jobs and $1,687,931 was used to fund payroll.

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

PPP Loan Search / DC / Washington / Lowell school inc.

LOWELL SCHOOL INC.

Date Approved

03/24/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

LOWELL SCHOOL INC.

Borrower Address

1640 Kalmia Rd NW

Borrower City

Washington

Borrower State

DC

Borrower Zip

20012-1126

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1687930.50

Current Approval Amount

1687930.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20012-1126

CD

DC-

Jobs Reported

109

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1687930.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1710014.26

Forgiveness Date

07/14/2022

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