PPP Loan information for Lynch motor company of auburn inc

$518,400

Lynch motor company of auburn inc was initially approved for PPP Loan of amount $518,400, the current approved amount is $518,400. The loan was approved on 04/09/2020 by The Ameris Bank reported 48 jobs and $518,400 was used to fund payroll.

Lynch motor company of auburn inc is Existing or more than 2 years old

PPP Loan Search / AL / AUBURN / Lynch motor company of auburn inc

LYNCH MOTOR COMPANY OF AUBURN INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LYNCH MOTOR COMPANY OF AUBURN INC

Borrower Address

170 West Creek Parkway

Borrower City

AUBURN

Borrower State

AL

Borrower Zip

36830-7007

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518400.00

Current Approval Amount

518400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

LEE

Project State

AL

Project Zip

36830-7007

CD

AL-03

Jobs Reported

48

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

518400.00

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

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

522490.39

Forgiveness Date

02/12/2021

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