PPP Loan information for Lynred usa inc

$342,085

Lynred usa inc was initially approved for PPP Loan of amount $342,085, the current approved amount is $342,085. The loan was approved on 02/17/2021 by The Valley National Bank reported 20 jobs and $342,085 was used to fund payroll.

Lynred usa inc is Existing or more than 2 years old

LYNRED USA INC

Date Approved

02/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LYNRED USA INC

Borrower Address

373 US Highway 46

Borrower City

Fairfield

Borrower State

NJ

Borrower Zip

07004-2442

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

342085.00

Current Approval Amount

342085.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-2442

CD

NJ-11

Jobs Reported

20

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

342082.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

344422.58

Forgiveness Date

10/25/2021

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