PPP Loan information for Lynn's machine inc

$112,800

Lynn's machine inc was initially approved for PPP Loan of amount $112,800, the current approved amount is $112,800. The loan was approved on 04/03/2020 by The The Bank of Kremlin reported 10 jobs and $112,800 was used to fund payroll.

Lynn's machine inc is Existing or more than 2 years old

LYNN'S MACHINE INC

Date Approved

04/03/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

LYNN'S MACHINE INC

Borrower Address

3616 E Market St

Borrower City

ENID

Borrower State

OK

Borrower Zip

73701-9675

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112800.00

Current Approval Amount

112800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59026

Servicing Lender Name

The Bank of Kremlin

Servicing Lender Address

102 Sixth St

Servicing Lender City

KREMLIN

Servicing Lender State

OK

Servicing Lender Zip

73753-6000

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ENID

Project County Name

GARFIELD

Project State

OK

Project Zip

73701-9675

CD

OK-03

Jobs Reported

10

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

92800.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

59026

Originating Lender

The Bank of Kremlin

Originating Lender City

KREMLIN

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113636.60

Forgiveness Date

01/07/2021

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