PPP Loan information for Lower watt llc

$61,607

Lower watt llc was initially approved for PPP Loan of amount $61,607, the current approved amount is $61,607. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 60 jobs and $61,607 was used to fund payroll.

Lower watt llc is Existing or more than 2 years old

LOWER WATT LLC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LOWER WATT LLC

Borrower Address

18 JULE CT

Borrower City

LAKEWOOD

Borrower State

NJ

Borrower Zip

08701

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61607.00

Current Approval Amount

61607.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKEWOOD

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-0001

CD

NJ-04

Jobs Reported

60

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

500.00

Payroll Proceed

54607.00

Mortgage Interest Proceed

0.00

Rent Proceed

4500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62202.36

Forgiveness Date

04/22/2021

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