PPP Loan information for Lynch livestock inc

$3,672,100

Lynch livestock inc was initially approved for PPP Loan of amount $3,672,100, the current approved amount is $3,672,100. The loan was approved on 04/14/2020 by The MidWestOne Bank reported 306 jobs and $3,672,100 was used to fund payroll.

Lynch livestock inc is Existing or more than 2 years old

PPP Loan Search / IA / WAUCOMA / Lynch livestock inc

LYNCH LIVESTOCK INC

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LYNCH LIVESTOCK INC

Borrower Address

331 3rd Street NW

Borrower City

WAUCOMA

Borrower State

IA

Borrower Zip

52171

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3672100.00

Current Approval Amount

3672100.00

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

Existing or more than 2 years old

Project City

WAUCOMA

Project County Name

FAYETTE

Project State

IA

Project Zip

52171-0001

CD

IA-02

Jobs Reported

306

NAICS Code

424520

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

229506.25

Payroll Proceed

2754075.00

Mortgage Interest Proceed

229506.25

Rent Proceed

229506.25

Refinance EIDL Proceed

229506.25

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

3727079.50

Forgiveness Date

10/08/2021

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