PPP Loan information for Lynott implement inc.

$40,500

Lynott implement inc. was initially approved for PPP Loan of amount $40,500, the current approved amount is $40,500. The loan was approved on 04/05/2020 by The Peoples Bank reported 3 jobs and $40,500 was used to fund payroll.

Lynott implement inc. is Existing or more than 2 years old

PPP Loan Search / IA / HAWARDEN / Lynott implement inc.

LYNOTT IMPLEMENT INC.

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LYNOTT IMPLEMENT INC.

Borrower Address

314 Ave E, PO BOX 343

Borrower City

HAWARDEN

Borrower State

IA

Borrower Zip

51023-0343

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

40500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25196

Servicing Lender Name

Peoples Bank

Servicing Lender Address

1230 Valley Dr

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1538

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAWARDEN

Project County Name

SIOUX

Project State

IA

Project Zip

51023-0343

CD

IA-04

Jobs Reported

3

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40500.00

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

25196

Originating Lender

Peoples Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40772.25

Forgiveness Date

12/14/2020

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