PPP Loan information for Lyons tool & engineering inc

$237,000

Lyons tool & engineering inc was initially approved for PPP Loan of amount $237,000, the current approved amount is $237,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 18 jobs and $237,000 was used to fund payroll.

Lyons tool & engineering inc is New Business or 2 years or less

PPP Loan Search / MI / WARREN / Lyons tool & engineering inc

LYONS TOOL & ENGINEERING INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LYONS TOOL & ENGINEERING INC

Borrower Address

13720 E 9 MILE RD

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48089-2767

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237000.00

Current Approval Amount

237000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48089-2767

CD

MI-10

Jobs Reported

18

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

237000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

239142.74

Forgiveness Date

03/31/2021

;