PPP Loan information for Lynch aluminum mfg. co., an illinois corporation

$670,100

Lynch aluminum mfg. co., an illinois corporation was initially approved for PPP Loan of amount $670,100, the current approved amount is $670,100. The loan was approved on 04/04/2020 by The Busey Bank reported 55 jobs and $670,100 was used to fund payroll.

Lynch aluminum mfg. co., an illinois corporation is Existing or more than 2 years old

PPP Loan Search / IL / PEORIA / Lynch aluminum mfg. co., an illinois corporation

LYNCH ALUMINUM MFG. CO., AN ILLINOIS CORPORATION

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LYNCH ALUMINUM MFG. CO., AN ILLINOIS CORPORATION

Borrower Address

8810 N University

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61615

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

670100.00

Current Approval Amount

670100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61615-1000

CD

IL-16

Jobs Reported

55

NAICS Code

331313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

502575.00

Mortgage Interest Proceed

0.00

Rent Proceed

167525.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

673698.35

Forgiveness Date

11/03/2020

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