PPP Loan information for The lorell management corporation

$81,800

The lorell management corporation was initially approved for PPP Loan of amount $81,800, the current approved amount is $81,800. The loan was approved on 04/27/2020 by The South Shore Bank reported 6 jobs and $81,800 was used to fund payroll.

The lorell management corporation is Existing or more than 2 years old

PPP Loan Search / MA / NORTON / The lorell management corporation

THE LORELL MANAGEMENT CORPORATION

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE LORELL MANAGEMENT CORPORATION

Borrower Address

84 RICHARDSON AVE

Borrower City

NORTON

Borrower State

MA

Borrower Zip

02766-1034

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81800.00

Current Approval Amount

81800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02766-1034

CD

MA-04

Jobs Reported

6

NAICS Code

531311

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81800.00

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

Subchapter S Corporation

Originating Lender Location Id

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

82402.14

Forgiveness Date

01/20/2021

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