PPP Loan information for Lynam industries inc.

$1,081,565

Lynam industries inc. was initially approved for PPP Loan of amount $1,081,565, the current approved amount is $1,081,565. The loan was approved on 02/05/2021 by The Loan Source Incorporated reported 113 jobs and $1,081,565 was used to fund payroll.

Lynam industries inc. is Existing or more than 2 years old

LYNAM INDUSTRIES INC.

Date Approved

02/05/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

LYNAM INDUSTRIES INC.

Borrower Address

11070 Mulberry Ave

Borrower City

Fontana

Borrower State

CA

Borrower Zip

92337-7052

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1081565.00

Current Approval Amount

1081565.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Fontana

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

92337-7052

CD

CA-35

Jobs Reported

113

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1081561.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1094306.72

Forgiveness Date

04/25/2022

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