PPP Loan information for Linahon electric inc.

$196,835

Linahon electric inc. was initially approved for PPP Loan of amount $196,835, the current approved amount is $196,835. The loan was approved on 01/25/2021 by The First Citizens Bank reported 12 jobs and $196,835 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

01/25/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

LINAHON ELECTRIC INC.

Borrower Address

1055 15th St SW

Borrower City

Mason City

Borrower State

IA

Borrower Zip

50401-5648

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

196835.00

Current Approval Amount

196835.00

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

50401-5648

CD

IA-02

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

196833.00

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

197912.12

Forgiveness Date

08/16/2021

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