Date Approved
04/29/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
LYNCH DEVELOPMENT CORPORATION INC
Borrower Address
97 CHAPEL ST, UNIT 1
Borrower City
NEEDHAM
Borrower State
MA
Borrower Zip
02492-2680
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
112823.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
33108
Servicing Lender Name
Middlesex Savings Bank
Servicing Lender Address
6 Main St
Servicing Lender City
NATICK
Servicing Lender State
Servicing Lender Zip
01760-4506
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
NORFOLK
Project State
Project Zip
CD
MA-04
Jobs Reported
6
NAICS Code
237990
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
14102.00
Payroll Proceed
84618.00
Mortgage Interest Proceed
Rent Proceed
14103.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
113503.07
Forgiveness Date
12/08/2020