PPP Loan information for Lynch appliance center, inc

$1,064,100

Lynch appliance center, inc was initially approved for PPP Loan of amount $1,064,100, the current approved amount is $1,064,100. The loan was approved on 04/13/2020 by The First-Citizens Bank & Trust Company reported 95 jobs and $1,064,100 was used to fund payroll.

Lynch appliance center, inc is New Business or 2 years or less

LYNCH APPLIANCE CENTER, INC

Date Approved

04/13/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LYNCH APPLIANCE CENTER, INC

Borrower Address

17 ROPER MOUNTAIN RD

Borrower City

GREENVILLE

Borrower State

SC

Borrower Zip

29607-4125

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1064100.00

Current Approval Amount

1064100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GREENVILLE

Project County Name

GREENVILLE

Project State

SC

Project Zip

29607-4125

CD

SC-04

Jobs Reported

95

NAICS Code

443141

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1064100.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1070455.04

Forgiveness Date

11/25/2020

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