PPP Loan information for Lynn medical instrument co

$367,915

Lynn medical instrument co was initially approved for PPP Loan of amount $367,915, the current approved amount is $367,915. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 26 jobs and $367,915 was used to fund payroll.

Lynn medical instrument co is Existing or more than 2 years old

PPP Loan Search / MI / WIXOM / Lynn medical instrument co

LYNN MEDICAL INSTRUMENT CO

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LYNN MEDICAL INSTRUMENT CO

Borrower Address

50120 PONTIAC TRL

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367915.00

Current Approval Amount

367915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-0001

CD

MI-11

Jobs Reported

26

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8600.00

Payroll Proceed

333315.00

Mortgage Interest Proceed

0.00

Rent Proceed

26000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370338.74

Forgiveness Date

12/30/2020

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