Avcarb, LLC

$1,111,200 PPP Loan in Lowell, Massachusetts

Loan Details

Loan Number
8031327202
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,111,200
Current Approval
$1,111,200
Forgiveness Amount
$1,117,126
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Avcarb, LLC
Address
2 Industrial Ave
City
Lowell
ZIP Code
01851-5107
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (335991)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$15.4M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$833,400
Utilities
$150,000
Health Care
$127,800

Lender Information

Servicing Lender
Middlesex Savings Bank
Originating Lender
Middlesex Savings Bank

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