PPP Loan information for Lynco associates, inc.

$307,765

Lynco associates, inc. was initially approved for PPP Loan of amount $307,765, the current approved amount is $307,765. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 38 jobs and $307,765 was used to fund payroll.

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

LYNCO ASSOCIATES, INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LYNCO ASSOCIATES, INC.

Borrower Address

101 Skipjack Road Unit 12

Borrower City

Prince Frederick

Borrower State

MD

Borrower Zip

20678

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307765.00

Current Approval Amount

307765.00

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

20678-0001

CD

MD-05

Jobs Reported

38

NAICS Code

561790

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3753.00

Payroll Proceed

295839.00

Mortgage Interest Proceed

0.00

Rent Proceed

8173.00

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

311045.02

Forgiveness Date

05/17/2021

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