Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LYNCH CARPET INC.
Borrower Address
5205 East Grand River Ave
Borrower City
Howell
Borrower State
MI
Borrower Zip
48843
Loan Status Date
04/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
43200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
119903
Servicing Lender Name
Bank of Ann Arbor
Servicing Lender Address
125 S Fifth Ave
Servicing Lender City
ANN ARBOR
Servicing Lender State
Servicing Lender Zip
48104-1910
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LIVINGSTON
Project State
Project Zip
48843-1000
CD
MI-07
Jobs Reported
5
NAICS Code
442210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
3500.00
Payroll Proceed
32700.00
Mortgage Interest Proceed
Rent Proceed
7000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
43559.80
Forgiveness Date
03/08/2021