PPP Loan information for Lowery manufacturing, inc.

$275,000

Lowery manufacturing, inc. was initially approved for PPP Loan of amount $275,500, the current approved amount is $275,000. The loan was approved on 04/08/2020 by The Peoples Independent Bank reported 45 jobs and $275,000 was used to fund payroll.

Lowery manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / AL / BOAZ / Lowery manufacturing, inc.

LOWERY MANUFACTURING, INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LOWERY MANUFACTURING, INC.

Borrower Address

145 AL HIGHWAY 179

Borrower City

BOAZ

Borrower State

AL

Borrower Zip

35957-3009

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275500.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112423

Servicing Lender Name

Peoples Independent Bank

Servicing Lender Address

121 Billy B Dyar Blvd

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOAZ

Project County Name

MARSHALL

Project State

AL

Project Zip

35957-3009

CD

AL-04

Jobs Reported

45

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

265000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112423

Originating Lender

Peoples Independent Bank

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

276581.25

Forgiveness Date

11/03/2020

;