PPP Loan information for Lincoln precision carbide inc

$200,500

Lincoln precision carbide inc was initially approved for PPP Loan of amount $200,500, the current approved amount is $200,500. The loan was approved on 04/09/2020 by The Huron Community Bank reported 22 jobs and $200,500 was used to fund payroll.

Lincoln precision carbide inc is Existing or more than 2 years old

PPP Loan Search / MI / LINCOLN / Lincoln precision carbide inc

LINCOLN PRECISION CARBIDE INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LINCOLN PRECISION CARBIDE INC

Borrower Address

600 S SECOND STREET

Borrower City

LINCOLN

Borrower State

MI

Borrower Zip

48742-0421

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200500.00

Current Approval Amount

200500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34506

Servicing Lender Name

Huron Community Bank

Servicing Lender Address

301 Newman St

Servicing Lender City

EAST TAWAS

Servicing Lender State

MI

Servicing Lender Zip

48730-1213

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINCOLN

Project County Name

ALCONA

Project State

MI

Project Zip

48742-0421

CD

MI-01

Jobs Reported

22

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

172500.00

Mortgage Interest Proceed

0.00

Rent Proceed

11000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

7000

Business Type

Corporation

Originating Lender Location Id

34506

Originating Lender

Huron Community Bank

Originating Lender City

EAST TAWAS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

201981.47

Forgiveness Date

01/07/2021

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