PPP Loan information for Lyndale garage inc.

$87,996

Lyndale garage inc. was initially approved for PPP Loan of amount $87,996, the current approved amount is $87,996. The loan was approved on 01/31/2021 by The New Valley Bank & Trust reported 16 jobs and $87,996 was used to fund payroll.

Lyndale garage inc. is Existing or more than 2 years old

PPP Loan Search / MA / Springfield / Lyndale garage inc.

LYNDALE GARAGE INC.

Date Approved

01/31/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

LYNDALE GARAGE INC.

Borrower Address

87 Warehouse St

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01118-1059

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87996.03

Current Approval Amount

87996.03

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01118-1059

CD

MA-01

Jobs Reported

16

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

87995.03

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88531.24

Forgiveness Date

09/14/2021

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