PPP Loan information for Linahon electric, inc.

$196,800

Linahon electric, inc. was initially approved for PPP Loan of amount $196,800, the current approved amount is $196,800. The loan was approved on 04/03/2020 by The First Citizens Bank reported 15 jobs and $196,800 was used to fund payroll.

Linahon electric, inc. is Existing or more than 2 years old

PPP Loan Search / IA / MASON CITY / Linahon electric, inc.

LINAHON ELECTRIC, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LINAHON ELECTRIC, INC.

Borrower Address

1055 15th Street SW

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-1425

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196800.00

Current Approval Amount

196800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-1425

CD

IA-02

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

196800.00

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

Subchapter S Corporation

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

199249.07

Forgiveness Date

07/02/2021

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