PPP Loan information for Lynch farms inc.

$18,899

Lynch farms inc. was initially approved for PPP Loan of amount $18,899, the current approved amount is $18,899. The loan was approved on 03/05/2021 by The AgCarolina Farm Credit, ACA reported 9 jobs and $18,899 was used to fund payroll.

Lynch farms inc. is Existing or more than 2 years old

PPP Loan Search / NC / La Grange / Lynch farms inc.

LYNCH FARMS INC.

Date Approved

03/05/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

LYNCH FARMS INC.

Borrower Address

313 Lynch Rd

Borrower City

La Grange

Borrower State

NC

Borrower Zip

28551-9119

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18898.75

Current Approval Amount

18898.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528975

Servicing Lender Name

AgCarolina Farm Credit, ACA

Servicing Lender Address

4000 Poole Road

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27610

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

La Grange

Project County Name

WAYNE

Project State

NC

Project Zip

28551-9119

CD

NC-03

Jobs Reported

9

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

18893.75

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

528975

Originating Lender

AgCarolina Farm Credit, ACA

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19003.74

Forgiveness Date

09/27/2021

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