PPP Loan information for Lynns electric motor service inc

$16,072

Lynns electric motor service inc was initially approved for PPP Loan of amount $16,072, the current approved amount is $16,072. The loan was approved on 04/29/2020 by The U.S. Bank, National Association reported 6 jobs and $16,072 was used to fund payroll.

Lynns electric motor service inc is Existing or more than 2 years old

PPP Loan Search / AR / MALVERN / Lynns electric motor service inc

LYNNS ELECTRIC MOTOR SERVICE INC

Date Approved

04/29/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

LYNNS ELECTRIC MOTOR SERVICE INC

Borrower Address

19733 HIGHWAY

Borrower City

MALVERN

Borrower State

AR

Borrower Zip

72104

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16072.00

Current Approval Amount

16072.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

HOT SPRING

Project State

AR

Project Zip

72104-0001

CD

AR-04

Jobs Reported

6

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16072.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16226.02

Forgiveness Date

04/15/2021

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