Welch Brothers Company, Inc.

$139,363 PPP Loan in Lowell, Massachusetts

Loan Details

Loan Number
1653657210
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$139,363
Current Approval
$139,363
Forgiveness Amount
$140,123
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Welch Brothers Company, Inc.
Address
148 a Tanner Street
City
Lowell
ZIP Code
01852
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$131,342
Rent
$5,200
Utilities
$1,132
Health Care
$1,689

Lender Information

Servicing Lender
The Lowell Five Cent Savings Bank
Originating Lender
The Lowell Five Cent Savings Bank

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