PPP Loan information for Lynch hydraulics manufacturing co inc

$99,792

Lynch hydraulics manufacturing co inc was initially approved for PPP Loan of amount $99,792, the current approved amount is $99,792. The loan was approved on 04/14/2020 by The MVB Bank, Inc. reported 7 jobs and $99,792 was used to fund payroll.

Lynch hydraulics manufacturing co inc is Existing or more than 2 years old

PPP Loan Search / WV / FAIRMONT / Lynch hydraulics manufacturing co inc

LYNCH HYDRAULICS MANUFACTURING CO INC

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

LYNCH HYDRAULICS MANUFACTURING CO INC

Borrower Address

6 Ralph Circle

Borrower City

FAIRMONT

Borrower State

WV

Borrower Zip

26554

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99792.00

Current Approval Amount

99792.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARION

Project State

WV

Project Zip

26554-0001

CD

WV-02

Jobs Reported

7

NAICS Code

333131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99792.00

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

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100748.34

Forgiveness Date

04/01/2021

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