PPP Loan information for Lynch family farms

$36,200

Lynch family farms was initially approved for PPP Loan of amount $7,000, the current approved amount is $36,200. The loan was approved on 04/14/2020 by The First State Bank reported 1 jobs and $36,200 was used to fund payroll.

Lynch family farms is Existing or more than 2 years old

LYNCH FAMILY FARMS

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

LYNCH FAMILY FARMS

Borrower Address

1202 EARL VERSER RD

Borrower City

LONOKE

Borrower State

AR

Borrower Zip

72086-9242

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7000.00

Current Approval Amount

36200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4512

Servicing Lender Name

First State Bank

Servicing Lender Address

101 S Center St

Servicing Lender City

LONOKE

Servicing Lender State

AR

Servicing Lender Zip

72086-3223

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONOKE

Project County Name

LONOKE

Project State

AR

Project Zip

72086-9242

CD

AR-01

Jobs Reported

1

NAICS Code

111191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

36200.00

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

Partnership

Originating Lender Location Id

4512

Originating Lender

First State Bank

Originating Lender City

LONOKE

Originating Lender State

AR

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

36478.54

Forgiveness Date

01/20/2021

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