PPP Loan information for Lync development

$64,500

Lync development was initially approved for PPP Loan of amount $64,500, the current approved amount is $64,500. The loan was approved on 04/29/2020 by The Cache Valley Bank reported 3 jobs and $64,500 was used to fund payroll.

Lync development is New Business or 2 years or less

PPP Loan Search / UT / OGDEN / Lync development

LYNC DEVELOPMENT

Date Approved

04/29/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

LYNC DEVELOPMENT

Borrower Address

1407 N Mountain Rd

Borrower City

OGDEN

Borrower State

UT

Borrower Zip

84404-3341

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64500.00

Current Approval Amount

64500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

OGDEN

Project County Name

WEBER

Project State

UT

Project Zip

84404-3341

CD

UT-01

Jobs Reported

3

NAICS Code

236117

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

5000.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65234.58

Forgiveness Date

06/22/2021

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