Gervais Lincoln, Inc.

$270,544 PPP Loan in Lowell, Massachusetts

Loan Details

Loan Number
9653967009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$270,544
Current Approval
$270,544
Forgiveness Amount
$273,152
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gervais Lincoln, Inc.
Address
24 Reiss Ave
City
Lowell
ZIP Code
01851-5129
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$203,000
Rent
$20,000
Utilities
$6,900
Health Care
$26,044
Mortgage Interest
$14,600

Lender Information

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

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