PPP Loan information for Linear contols, inc.

$5,811,512

Linear contols, inc. was initially approved for PPP Loan of amount $5,811,512, the current approved amount is $5,811,512. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 301 jobs and $5,811,512 was used to fund payroll.

Linear contols, inc. is Existing or more than 2 years old

LINEAR CONTOLS, INC.

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

LINEAR CONTOLS, INC.

Borrower Address

107 1/2 Commission Blvd 0.0

Borrower City

Lafayette

Borrower State

LA

Borrower Zip

70508-3514

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5811512.00

Current Approval Amount

5811512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lafayette

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70508-3514

CD

LA-03

Jobs Reported

301

NAICS Code

334513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11200.00

Payroll Proceed

5667728.00

Mortgage Interest Proceed

0.00

Rent Proceed

132584.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

5878589.76

Forgiveness Date

06/09/2021

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