PPP Loan information for Lydon electric motors llc

$14,498

Lydon electric motors llc was initially approved for PPP Loan of amount $14,498, the current approved amount is $14,498. The loan was approved on 04/10/2020 by The FreedomBank reported 3 jobs and $14,498 was used to fund payroll.

Lydon electric motors llc is Existing or more than 2 years old

LYDON ELECTRIC MOTORS LLC

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LYDON ELECTRIC MOTORS LLC

Borrower Address

850 Allamakee Street SW

Borrower City

Waukon

Borrower State

IA

Borrower Zip

52172-1048

Loan Status Date

11/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14497.95

Current Approval Amount

14497.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24995

Servicing Lender Name

FreedomBank

Servicing Lender Address

210 S Main St

Servicing Lender City

ELKADER

Servicing Lender State

IA

Servicing Lender Zip

52043-9078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waukon

Project County Name

ALLAMAKEE

Project State

IA

Project Zip

52172-1048

CD

IA-02

Jobs Reported

3

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14497.75

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24995

Originating Lender

FreedomBank

Originating Lender City

ELKADER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

14571.04

Forgiveness Date

10/20/2020

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