PPP Loan information for Lynchburg machining, llc

$279,000

Lynchburg machining, llc was initially approved for PPP Loan of amount $279,000, the current approved amount is $279,000. The loan was approved on 04/14/2020 by The The First Bank and Trust Company reported 20 jobs and $279,000 was used to fund payroll.

Lynchburg machining, llc is Existing or more than 2 years old

LYNCHBURG MACHINING, LLC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LYNCHBURG MACHINING, LLC

Borrower Address

120 BRADLEY DR

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-4949

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

279000.00

Current Approval Amount

279000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-4949

CD

VA-05

Jobs Reported

20

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

279000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

281007.25

Forgiveness Date

01/13/2021

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