# PPP loan: LOWELL INC
> **$1.53M** approved 03/12/2021 · Paid in Full · Loan `1180858609`
## Borrower
- **Name:** LOWELL INC
- **Address:** 9425 83rd Ave N, Brooklyn Park, MN, 55445-2103
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 03/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.53M
- **Jobs reported:** 84
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*