PPP Loan information for Lowen corporation

$2,457,000

Lowen corporation was initially approved for PPP Loan of amount $2,457,000, the current approved amount is $2,457,000. The loan was approved on 04/05/2020 by The Commerce Bank reported 262 jobs and $2,457,000 was used to fund payroll.

Lowen corporation is Existing or more than 2 years old

PPP Loan Search / KS / HUTCHINSON / Lowen corporation

LOWEN CORPORATION

Date Approved

04/05/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

LOWEN CORPORATION

Borrower Address

1111 Airport Rd

Borrower City

HUTCHINSON

Borrower State

KS

Borrower Zip

67501-1983

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2457000.00

Current Approval Amount

2457000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

RENO

Project State

KS

Project Zip

67501-1983

CD

KS-01

Jobs Reported

262

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

491400.00

Payroll Proceed

1842750.00

Mortgage Interest Proceed

122850.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2485869.75

Forgiveness Date

06/11/2021

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