PPP Loan information for Lync development

$78,600

Lync development was initially approved for PPP Loan of amount $78,600, the current approved amount is $78,600. The loan was approved on 03/26/2021 by The Cache Valley Bank reported 5 jobs and $78,600 was used to fund payroll.

Lync development is Existing or more than 2 years old

LYNC DEVELOPMENT

Date Approved

03/26/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

LYNC DEVELOPMENT

Borrower Address

1407 N Mountain Rd

Borrower City

Ogden

Borrower State

UT

Borrower Zip

84404-3341

Loan Status Date

09/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78600.00

Current Approval Amount

78600.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Ogden

Project County Name

WEBER

Project State

UT

Project Zip

84404-3341

CD

UT-01

Jobs Reported

5

NAICS Code

237210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

78597.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79658.92

Forgiveness Date

08/11/2022

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