PPP Loan information for Limolink, incorporated

$2,204,200

Limolink, incorporated was initially approved for PPP Loan of amount $2,204,200, the current approved amount is $2,204,200. The loan was approved on 04/03/2020 by The Farmers & Merchants Savings Bank reported 178 jobs and $2,204,200 was used to fund payroll.

Limolink, incorporated is Existing or more than 2 years old

PPP Loan Search / IA / MARION / Limolink, incorporated

LIMOLINK, INCORPORATED

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LIMOLINK, INCORPORATED

Borrower Address

3375 Armar Drive

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-4702

Loan Status Date

07/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2204200.00

Current Approval Amount

2204200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-4702

CD

IA-02

Jobs Reported

178

NAICS Code

485999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2204200.00

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

Corporation

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2019751.73

Forgiveness Date

06/24/2021

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