Alvelo Enterprises LLC

$230,207 PPP Loan in Danvers, Massachusetts

Loan Details

Loan Number
2851937206
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$230,207
Current Approval
$230,207
Forgiveness Amount
$232,459
Forgiveness Date
Apr 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alvelo Enterprises LLC
Address
4 Eastcoast Rd
ZIP Code
01923-1377
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Administrative and Support and Waste Management (561730)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$5.4M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$190,442
Utilities
$2,500
Health Care
$7,600
Mortgage Interest
$29,665

Lender Information

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

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