PPP Loan information for Lynch's food and beverage

$265,300

Lynch's food and beverage was initially approved for PPP Loan of amount $265,300, the current approved amount is $265,300. The loan was approved on 02/08/2021 by The Sandy Spring Bank reported 21 jobs and $265,300 was used to fund payroll.

Lynch's food and beverage is Existing or more than 2 years old

LYNCH'S FOOD AND BEVERAGE

Date Approved

02/08/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

LYNCH'S FOOD AND BEVERAGE

Borrower Address

489 Ritchie Hwy Ste 103

Borrower City

Severna Park

Borrower State

MD

Borrower Zip

21146-2957

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

265300.00

Current Approval Amount

265300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Severna Park

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21146-2957

CD

MD-03

Jobs Reported

21

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

265295.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

267531.43

Forgiveness Date

12/14/2021

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