PPP Loan information for Lowry electric, inc.

$1,033,000

Lowry electric, inc. was initially approved for PPP Loan of amount $1,033,000, the current approved amount is $1,033,000. The loan was approved on 04/15/2020 by The Univest Bank and Trust Co. reported 72 jobs and $1,033,000 was used to fund payroll.

Lowry electric, inc. is Existing or more than 2 years old

LOWRY ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

LOWRY ELECTRIC, INC.

Borrower Address

101 Christopher Lane

Borrower City

Harleysville

Borrower State

PA

Borrower Zip

19438

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1033000.00

Current Approval Amount

1033000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Harleysville

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19438-0001

CD

PA-01

Jobs Reported

72

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1033000.00

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

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1041547.01

Forgiveness Date

02/24/2021

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