PPP Loan information for Lynnco inc

$168,569

Lynnco inc was initially approved for PPP Loan of amount $168,569, the current approved amount is $168,569. The loan was approved on 07/10/2020 by The First State Bank of the Southeast, Inc. reported 41 jobs and $168,569 was used to fund payroll.

Lynnco inc is Existing or more than 2 years old

LYNNCO INC

Date Approved

07/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LYNNCO INC

Borrower Address

1050 MAIN ST

Borrower City

BEAN STATION

Borrower State

TN

Borrower Zip

37708-4257

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

168569.40

Current Approval Amount

168569.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27853

Servicing Lender Name

First State Bank of the Southeast, Inc.

Servicing Lender Address

1820 Cumberland Ave

Servicing Lender City

MIDDLESBORO

Servicing Lender State

KY

Servicing Lender Zip

40965

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEAN STATION

Project County Name

GRAINGER

Project State

TN

Project Zip

37708-4257

CD

TN-02

Jobs Reported

41

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

168569.40

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

27853

Originating Lender

First State Bank of the Southeast, Inc.

Originating Lender City

MIDDLESBORO

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

169267.09

Forgiveness Date

12/10/2020

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