PPP Loan information for Lyons tool and engineering inc

$237,500

Lyons tool and engineering inc was initially approved for PPP Loan of amount $237,500, the current approved amount is $237,500. The loan was approved on 03/28/2021 by The Bank of America, National Association reported 17 jobs and $237,500 was used to fund payroll.

Lyons tool and engineering inc is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Lyons tool and engineering inc

LYONS TOOL AND ENGINEERING INC

Date Approved

03/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LYONS TOOL AND ENGINEERING INC

Borrower Address

13720 E 9 Mile Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48089-2767

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

237500.00

Current Approval Amount

237500.00

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

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48089-2767

CD

MI-10

Jobs Reported

17

NAICS Code

336111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

237496.00

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

238632.19

Forgiveness Date

09/22/2021

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