PPP Loan information for The megan house foundation

$157,380

The megan house foundation was initially approved for PPP Loan of amount $157,380, the current approved amount is $157,380. The loan was approved on 04/13/2020 by The The Lowell Five Cent Savings Bank reported 19 jobs and $157,380 was used to fund payroll.

The megan house foundation is Existing or more than 2 years old

THE MEGAN HOUSE FOUNDATION

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE MEGAN HOUSE FOUNDATION

Borrower Address

100 Merrimack Street

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-1706

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157380.00

Current Approval Amount

157380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01852-1706

CD

MA-03

Jobs Reported

19

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3606.00

Payroll Proceed

121030.71

Mortgage Interest Proceed

11028.08

Rent Proceed

1850.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19865.21

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

158250.98

Forgiveness Date

11/03/2020

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