PPP Loan information for Lynch motors inc

$1,328,000

Lynch motors inc was initially approved for PPP Loan of amount $1,328,000, the current approved amount is $1,328,000. The loan was approved on 04/08/2020 by The Manufacturers and Traders Trust Company reported 141 jobs and $1,328,000 was used to fund payroll.

Lynch motors inc is Existing or more than 2 years old

PPP Loan Search / CT / MANCHESTER / Lynch motors inc

LYNCH MOTORS INC

Date Approved

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

LYNCH MOTORS INC

Borrower Address

179 TOLLAND TPKE

Borrower City

MANCHESTER

Borrower State

CT

Borrower Zip

06042-1762

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1328000.00

Current Approval Amount

1328000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANCHESTER

Project County Name

HARTFORD

Project State

CT

Project Zip

06042-1762

CD

CT-01

Jobs Reported

141

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1328000.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1340479.56

Forgiveness Date

03/31/2021

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