PPP Loan information for Lynch bbq company

$469,900

Lynch bbq company was initially approved for PPP Loan of amount $469,900, the current approved amount is $469,900. The loan was approved on 04/27/2020 by The MidWestOne Bank reported 500 jobs and $469,900 was used to fund payroll.

Lynch bbq company is New Business or 2 years or less

PPP Loan Search / IA / WAUCOMA / Lynch bbq company

LYNCH BBQ COMPANY

Date Approved

04/27/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LYNCH BBQ COMPANY

Borrower Address

331 3RD ST NW

Borrower City

WAUCOMA

Borrower State

IA

Borrower Zip

52171

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

469900.00

Current Approval Amount

469900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WAUCOMA

Project County Name

FAYETTE

Project State

IA

Project Zip

52171-0001

CD

IA-02

Jobs Reported

500

NAICS Code

311611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

469900.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

476073.96

Forgiveness Date

08/23/2021

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