General Woodworking Inc.

$914,000 PPP Loan in Lowell, Massachusetts

Loan Details

Loan Number
2190447105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$914,000
Current Approval
$914,000
Forgiveness Amount
$922,074
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
General Woodworking Inc.
Address
105 Pevey St
City
Lowell
ZIP Code
01851-1357
Business Type
Corporation
Industry (NAICS)
Manufacturing (321918)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$59.5M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$776,000
Rent
$12,500
Utilities
$16,500
Health Care
$107,500
Mortgage Interest
$1,500

Lender Information

Servicing Lender
Enterprise Bank and Trust Company
Originating Lender
Enterprise Bank and Trust Company

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