Lynn Medical Instrument Co

$367,915 PPP Loan in Wixom, Michigan

Loan Details

Loan Number
2304647704
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$367,915
Current Approval
$367,915
Forgiveness Amount
$370,339
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lynn Medical Instrument Co
Address
50120 Pontiac Trl
City
Wixom
ZIP Code
48393
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423450)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.0M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$333,315
Rent
$26,000
Utilities
$8,600

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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