PPP Loan information for Linder electric inc

$54,000

Linder electric inc was initially approved for PPP Loan of amount $54,000, the current approved amount is $54,000. The loan was approved on 04/29/2020 by The Twin Cedars Bank reported 5 jobs and $54,000 was used to fund payroll.

Linder electric inc is Existing or more than 2 years old

PPP Loan Search / IA / Hedrick / Linder electric inc

LINDER ELECTRIC INC

Date Approved

04/29/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LINDER ELECTRIC INC

Borrower Address

32256 Highway 21

Borrower City

Hedrick

Borrower State

IA

Borrower Zip

52563-8500

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54000.00

Current Approval Amount

54000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24643

Servicing Lender Name

Twin Cedars Bank

Servicing Lender Address

402 Merrill St

Servicing Lender City

BUSSEY

Servicing Lender State

IA

Servicing Lender Zip

50044

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hedrick

Project County Name

KEOKUK

Project State

IA

Project Zip

52563-8500

CD

IA-01

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54000.00

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

24643

Originating Lender

Twin Cedars Bank

Originating Lender City

BUSSEY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

54288.00

Forgiveness Date

11/19/2020

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