PPP Loan information for Lynco associates inc.

$332,572

Lynco associates inc. was initially approved for PPP Loan of amount $332,572, the current approved amount is $332,572. The loan was approved on 01/21/2021 by The Manufacturers and Traders Trust Company reported 41 jobs and $332,572 was used to fund payroll.

Lynco associates inc. is Existing or more than 2 years old

PPP Loan Search / MD / Prince Frederick / Lynco associates inc.

LYNCO ASSOCIATES INC.

Date Approved

01/21/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

LYNCO ASSOCIATES INC.

Borrower Address

101 Skipjack Rd Ste 12

Borrower City

Prince Frederick

Borrower State

MD

Borrower Zip

20678-3460

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

332572.00

Current Approval Amount

332572.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Prince Frederick

Project County Name

CALVERT

Project State

MD

Project Zip

20678-3460

CD

MD-05

Jobs Reported

41

NAICS Code

561790

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

332568.00

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

Subchapter S 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

336763.32

Forgiveness Date

05/05/2022

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