PPP Loan information for Lyngsoe systems inc

$562,100

Lyngsoe systems inc was initially approved for PPP Loan of amount $562,100, the current approved amount is $562,100. The loan was approved on 03/26/2021 by The PNC Bank, National Association reported 25 jobs and $562,100 was used to fund payroll.

Lyngsoe systems inc is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / Lyngsoe systems inc

LYNGSOE SYSTEMS INC

Date Approved

03/26/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

LYNGSOE SYSTEMS INC

Borrower Address

7450 New Technology Way 7450 New Technology Way

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21703-8446

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

562100.00

Current Approval Amount

562100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21703-8446

CD

MD-06

Jobs Reported

25

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

562098.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

567346.27

Forgiveness Date

03/11/2022

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