PPP Loan information for Lynnwell associates inc

$2,025,353

Lynnwell associates inc was initially approved for PPP Loan of amount $2,025,353, the current approved amount is $2,025,353. The loan was approved on 04/08/2020 by The Cambridge Savings Bank reported 17 jobs and $2,025,353 was used to fund payroll.

Lynnwell associates inc is Existing or more than 2 years old

LYNNWELL ASSOCIATES INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LYNNWELL ASSOCIATES INC

Borrower Address

108 MYRTLE ST Suite 104

Borrower City

QUINCY

Borrower State

MA

Borrower Zip

02171-1728

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2025353.00

Current Approval Amount

2025353.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

QUINCY

Project County Name

NORFOLK

Project State

MA

Project Zip

02171-1728

CD

MA-08

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

506338.25

Payroll Proceed

1519014.75

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2048602.94

Forgiveness Date

06/11/2021

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