The Megan House Foundation

$157,380 PPP Loan in Lowell, Massachusetts

Loan Details

Loan Number
5335687102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$157,380
Current Approval
$157,380
Forgiveness Amount
$158,251
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Megan House Foundation
Address
100 Merrimack Street
City
Lowell
ZIP Code
01852-1706
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623220)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$121,031
Rent
$1,850
Utilities
$3,606
Health Care
$19,865
Mortgage Interest
$11,028

Lender Information

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

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