PPP Loan information for Lown acquisition, llc

$1,487,190

Lown acquisition, llc was initially approved for PPP Loan of amount $1,487,190, the current approved amount is $1,487,190. The loan was approved on 04/28/2020 by The Rockland Trust Company reported 262 jobs and $1,487,190 was used to fund payroll.

Lown acquisition, llc is New Business or 2 years or less

LOWN ACQUISITION, LLC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOWN ACQUISITION, LLC

Borrower Address

134 North Street

Borrower City

NORTH READING

Borrower State

MA

Borrower Zip

01864-1315

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1487190.00

Current Approval Amount

1487190.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTH READING

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01864-1315

CD

MA-06

Jobs Reported

262

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1487190.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1509415.23

Forgiveness Date

10/22/2021

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