PPP Loan information for Lycro manufacturing inc

$441,000

Lycro manufacturing inc was initially approved for PPP Loan of amount $441,000, the current approved amount is $441,000. The loan was approved on 04/10/2020 by The Northwest Bank reported 41 jobs and $441,000 was used to fund payroll.

Lycro manufacturing inc is New Business or 2 years or less

PPP Loan Search / IN / WAKARUSA / Lycro manufacturing inc

LYCRO MANUFACTURING INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LYCRO MANUFACTURING INC

Borrower Address

66557 STATE ROAD 19

Borrower City

WAKARUSA

Borrower State

IN

Borrower Zip

46573-9799

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

441000.00

Current Approval Amount

441000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WAKARUSA

Project County Name

ELKHART

Project State

IN

Project Zip

46573-9799

CD

IN-02

Jobs Reported

41

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

51765.00

Payroll Proceed

352835.00

Mortgage Interest Proceed

0.00

Rent Proceed

36400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

444709.23

Forgiveness Date

02/17/2021

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