Lynwood Machine & Engineering

1011 E. 148th Street, East Chicago, IN 46312

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$1.3M

Jobs Supported

30

Years Active

1996–1998

Loan History (2)

Source: SBA FOIA
7(a)$1,000,000
Charged Off
Approved
May 1, 1998 (FY1998)
SBA Guaranteed
$750,000 (75%)
Term
216 months (18.0 yrs)
Revolver
0
Business Type
Corporation
Charge-off Date
Jan 28, 2008
Charge-off Amount
$506,536

Lender

Shorebank

7054 S Jeffrey Ave, Chicago, IL 60649

Project Location

Lake County, IN

504$330,000
Cancelled
Approved
Jun 24, 1996 (FY1996)
Term
240 months (20.0 yrs)
Jobs Supported
30
Business Type
Corporation

Certified Development Company (CDC)

Regional Development Company

1757 Thornapple Circle, Valparaiso, IN 46385

Project Location

Lake County, IN

Business Details

Business Type
Corporation
Address
1011 E. 148th Street
East Chicago, IN 46312

Lender

Shorebank
7054 S Jeffrey Ave, Chicago, IL 60649

Other SBA Borrowers in East Chicago

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