Lannan Chevrolet of Lowell, Inc.

$790,200 PPP Loan in Lowell, Massachusetts

Loan Details

Loan Number
2938087105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$790,200
Current Approval
$790,200
Forgiveness Amount
$796,478
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lannan Chevrolet of Lowell, Inc.
Address
831 Rogers St
City
Lowell
ZIP Code
01852-4337
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$634,100
Rent
$84,000
Utilities
$20,000
Health Care
$52,100

Lender Information

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

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