PPP Loan information for Lowe constrcution co.

$623,000

Lowe constrcution co. was initially approved for PPP Loan of amount $623,000, the current approved amount is $623,000. The loan was approved on 02/06/2021 by The Comerica Bank reported 32 jobs and $623,000 was used to fund payroll.

Lowe constrcution co. is Existing or more than 2 years old

LOWE CONSTRCUTION CO.

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LOWE CONSTRCUTION CO.

Borrower Address

2535 Bader Rd

Borrower City

Horton

Borrower State

MI

Borrower Zip

49246-9714

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

623000.00

Current Approval Amount

623000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Horton

Project County Name

JACKSON

Project State

MI

Project Zip

49246-9714

CD

MI-05

Jobs Reported

32

NAICS Code

237990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

622994.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

627534.06

Forgiveness Date

11/01/2021

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