PPP Loan information for Lyon gear & machine inc.

$1,641,385

Lyon gear & machine inc. was initially approved for PPP Loan of amount $1,641,385, the current approved amount is $1,641,385. The loan was approved on 02/06/2021 by The Loan Source Incorporated reported 155 jobs and $1,641,385 was used to fund payroll.

Lyon gear & machine inc. is Existing or more than 2 years old

PPP Loan Search / MI / Rochester / Lyon gear & machine inc.

LYON GEAR & MACHINE INC.

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LYON GEAR & MACHINE INC.

Borrower Address

4371 Territorial Rd

Borrower City

Rochester

Borrower State

MI

Borrower Zip

48306-1665

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1641385.00

Current Approval Amount

1641385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OAKLAND

Project State

MI

Project Zip

48306-1665

CD

MI-09

Jobs Reported

155

NAICS Code

336350

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1641381.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1663375.06

Forgiveness Date

06/16/2022

;