Lavelle Machine & Tool Company, Inc.
$440,387 PPP Loan in Westford, Massachusetts
Loan Details
- Loan Number
- 8228027003
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $440,387
- Current Approval
- $440,387
- Forgiveness Amount
- $442,824
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lavelle Machine & Tool Company, Inc.
- Address
- 485 Groton Road
- City
- Westford
- State
- Massachusetts
- ZIP Code
- 01886-1149
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 42
- Estimated Revenue
- $10.3M
- Rural/Urban
- Urban
- Congressional District
- MA-03
Loan Use Breakdown
- Payroll
- $374,843
- Rent
- $26,000
- Utilities
- $12,043
- Health Care
- $27,501
Lender Information
- Servicing Lender
- The Lowell Five Cent Savings Bank
- Originating Lender
- The Lowell Five Cent Savings Bank
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