PPP Loan information for Alvelo enterprises llc

$214,740

Alvelo enterprises llc was initially approved for PPP Loan of amount $214,740, the current approved amount is $214,740. The loan was approved on 02/06/2021 by The The Lowell Five Cent Savings Bank reported 12 jobs and $214,740 was used to fund payroll.

Alvelo enterprises llc is Existing or more than 2 years old

PPP Loan Search / MA / Danvers / Alvelo enterprises llc

ALVELO ENTERPRISES LLC

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ALVELO ENTERPRISES LLC

Borrower Address

4 Eastcoast Rd

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923-1377

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

214740.00

Current Approval Amount

214740.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danvers

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1377

CD

MA-06

Jobs Reported

12

NAICS Code

115112

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

214737.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

217216.86

Forgiveness Date

04/07/2022

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