PPP Loan information for Lynco electric co. inc.

$384,898

Lynco electric co. inc. was initially approved for PPP Loan of amount $384,898, the current approved amount is $384,898. The loan was approved on 04/07/2020 by The Citizens Bank of Las Cruces reported 23 jobs and $384,898 was used to fund payroll.

Lynco electric co. inc. is Existing or more than 2 years old

PPP Loan Search / NM / LAS CRUCES / Lynco electric co. inc.

LYNCO ELECTRIC CO. INC.

Date Approved

04/07/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

LYNCO ELECTRIC CO. INC.

Borrower Address

1520 AMADOR AVE

Borrower City

LAS CRUCES

Borrower State

NM

Borrower Zip

88005-4007

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

384898.00

Current Approval Amount

384898.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45799

Servicing Lender Name

Citizens Bank of Las Cruces

Servicing Lender Address

505 S Main St

Servicing Lender City

LAS CRUCES

Servicing Lender State

NM

Servicing Lender Zip

88001-1206

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAS CRUCES

Project County Name

DONA ANA

Project State

NM

Project Zip

88005-4007

CD

NM-02

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

384898.00

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

45799

Originating Lender

Citizens Bank of Las Cruces

Originating Lender City

LAS CRUCES

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

388255.17

Forgiveness Date

02/24/2021

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