# PPP loan: LOWN ACQUISITION, LLC
> **$1.49M** approved 04/28/2020 · Paid in Full · Loan `9225117201`
## Borrower
- **Name:** LOWN ACQUISITION, LLC
- **Address:** 134 North Street, NORTH READING, MA, 01864-1315
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.49M
- **Jobs reported:** 262
## Lender
- **Originating:** Rockland Trust Company
- **Servicing:** Rockland Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*