PPP Loan information for Lynch capital corp

$19,400

Lynch capital corp was initially approved for PPP Loan of amount $19,400, the current approved amount is $19,400. The loan was approved on 03/01/2021 by The Merchants Bank, National Association reported 3 jobs and $19,400 was used to fund payroll.

Lynch capital corp is Existing or more than 2 years old

PPP Loan Search / MN / Hastings / Lynch capital corp

LYNCH CAPITAL CORP

Date Approved

03/01/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LYNCH CAPITAL CORP

Borrower Address

221 2nd St E

Borrower City

Hastings

Borrower State

MN

Borrower Zip

55033-1205

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19400.00

Current Approval Amount

19400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hastings

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-1205

CD

MN-02

Jobs Reported

3

NAICS Code

522220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

19398.00

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

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19498.08

Forgiveness Date

09/07/2021

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