PPP Loan information for Lynnway auto sales, inc.

$38,703

Lynnway auto sales, inc. was initially approved for PPP Loan of amount $38,703, the current approved amount is $38,703. The loan was approved on 04/14/2020 by The Eastern Bank reported 6 jobs and $38,703 was used to fund payroll.

Lynnway auto sales, inc. is Existing or more than 2 years old

LYNNWAY AUTO SALES, INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LYNNWAY AUTO SALES, INC.

Borrower Address

295 LYNNWAY

Borrower City

LYNN

Borrower State

MA

Borrower Zip

01901

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38702.50

Current Approval Amount

38702.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNN

Project County Name

ESSEX

Project State

MA

Project Zip

01901-1000

CD

MA-06

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38702.50

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39151.88

Forgiveness Date

06/15/2021

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