PPP Loan information for Lincoln tool & machine corp

$428,100

Lincoln tool & machine corp was initially approved for PPP Loan of amount $428,100, the current approved amount is $428,100. The loan was approved on 04/10/2020 by The Avidia Bank reported 27 jobs and $428,100 was used to fund payroll.

Lincoln tool & machine corp is Existing or more than 2 years old

PPP Loan Search / MA / HUDSON / Lincoln tool & machine corp

LINCOLN TOOL & MACHINE CORP

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LINCOLN TOOL & MACHINE CORP

Borrower Address

43 Parmenter RD

Borrower City

HUDSON

Borrower State

MA

Borrower Zip

01749-3213

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

428100.00

Current Approval Amount

428100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDSON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01749-3213

CD

MA-03

Jobs Reported

27

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

428100.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

430430.77

Forgiveness Date

11/03/2020

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