Utec, Inc.
$843,000 PPP Loan in Lowell, Massachusetts
Loan Details
- Loan Number
- 4371537008
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $843,000
- Current Approval
- $843,000
- Forgiveness Amount
- $850,728
- Forgiveness Date
- Mar 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Utec, Inc.
- Address
- 35 Warren St.
- City
- Lowell
- State
- Massachusetts
- ZIP Code
- 01852-2225
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (624110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 87
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- MA-03
Loan Use Breakdown
- Payroll
- $632,250
- Rent
- $105,375
- Utilities
- $105,375
Lender Information
- Servicing Lender
- Pentucket Bank
- Originating Lender
- Pentucket Bank
Other PPP Loans in Lowell, MA
| Business | Approved | |
|---|---|---|
| Madison Security Group Inc-Sba Small 7a Term | $7,263,344 | |
| Lowell Community Health Center | $5,810,725 | |
| Trinity Ems INC | $3,012,200 | |
| Netnumber, Inc. | $2,943,700 | |
| D'youville Senior Care Inc. | $2,561,200 |
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