PPP Loan information for Line precision inc

$294,600

Line precision inc was initially approved for PPP Loan of amount $294,600, the current approved amount is $294,600. The loan was approved on 04/29/2020 by The Comerica Bank reported 20 jobs and $294,600 was used to fund payroll.

Line precision inc is Existing or more than 2 years old

LINE PRECISION INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LINE PRECISION INC

Borrower Address

31666 W. Eight Mile Road

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48336-5207

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294600.00

Current Approval Amount

294600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48336-5207

CD

MI-11

Jobs Reported

20

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

235696.00

Mortgage Interest Proceed

58904.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

297799.68

Forgiveness Date

05/28/2021

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