PPP Loan information for Linear mold & engineering, llc

$554,100

Linear mold & engineering, llc was initially approved for PPP Loan of amount $554,100, the current approved amount is $554,100. The loan was approved on 04/11/2020 by The First Merchants Bank reported 37 jobs and $554,100 was used to fund payroll.

Linear mold & engineering, llc is Startup, Loan Funds will Open Business

LINEAR MOLD & ENGINEERING, LLC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LINEAR MOLD & ENGINEERING, LLC

Borrower Address

12163 Globe Street

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1142

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

554100.00

Current Approval Amount

554100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Startup, Loan Funds will Open Business

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1142

CD

MI-12

Jobs Reported

37

NAICS Code

333511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

554100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

557424.60

Forgiveness Date

11/20/2020

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