PPP Loan information for Lincoln precision machining co

$140,800

Lincoln precision machining co was initially approved for PPP Loan of amount $140,800, the current approved amount is $140,800. The loan was approved on 02/24/2021 by The Hometown Bank reported 16 jobs and $140,800 was used to fund payroll.

Lincoln precision machining co is Existing or more than 2 years old

LINCOLN PRECISION MACHINING CO

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LINCOLN PRECISION MACHINING CO

Borrower Address

121 Creeper Hill Rd

Borrower City

North Grafton

Borrower State

MA

Borrower Zip

01536-1432

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140800.00

Current Approval Amount

140800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Grafton

Project County Name

WORCESTER

Project State

MA

Project Zip

01536-1432

CD

MA-02

Jobs Reported

16

NAICS Code

333923

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

140798.00

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141710.38

Forgiveness Date

10/20/2021

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