PPP Loan information for Luvalan management

$341,534

Luvalan management was initially approved for PPP Loan of amount $341,534, the current approved amount is $341,534. The loan was approved on 02/05/2021 by The North Shore Bank, a Co-operative Bank reported 52 jobs and $341,534 was used to fund payroll.

Luvalan management is Existing or more than 2 years old

LUVALAN MANAGEMENT

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LUVALAN MANAGEMENT

Borrower Address

3 Bourbon St

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-1552

Loan Status Date

07/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

341533.50

Current Approval Amount

341533.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-1552

CD

MA-06

Jobs Reported

52

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

341529.50

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

Corporation

Originating Lender Location Id

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

346058.82

Forgiveness Date

06/03/2022

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