PPP Loan information for Michael lowell

$20,832

Michael lowell was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 05/01/2020 by The Cornerstone Bank reported 1 jobs and $20,832 was used to fund payroll.

Michael lowell is Existing or more than 2 years old

MICHAEL LOWELL

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MICHAEL LOWELL

Borrower Address

231 CHARLTON RD

Borrower City

SPENCER

Borrower State

MA

Borrower Zip

01562-2808

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

WORCESTER

Project State

MA

Project Zip

01562-2808

CD

MA-01

Jobs Reported

1

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20832.00

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

Sole Proprietorship

Originating Lender Location Id

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20950.05

Forgiveness Date

12/02/2020

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