C.m. Lyngle & Son's, Inc.

$562,500 PPP Loan in Salt Lake City, Utah

Loan Details

Loan Number
2396827303
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$562,500
Current Approval
$562,500
Forgiveness Amount
$570,267
Forgiveness Date
Sep 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
C.m. Lyngle & Son's, Inc.
Address
1743 West 6200 South
State
Utah
ZIP Code
84129
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423390)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$16.8M
Rural/Urban
Urban
Congressional District
UT-04

Loan Use Breakdown

Payroll
$450,000
Rent
$84,375
Utilities
$28,125

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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