PPP Loan information for Linnane & company inc

$157,007

Linnane & company inc was initially approved for PPP Loan of amount $157,007, the current approved amount is $157,007. The loan was approved on 03/12/2021 by The Reading Co-Operative Bank reported 6 jobs and $157,007 was used to fund payroll.

Linnane & company inc is Existing or more than 2 years old

LINNANE & COMPANY INC

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LINNANE & COMPANY INC

Borrower Address

44 Rabbit Rd

Borrower City

Salisbury

Borrower State

MA

Borrower Zip

01952-1824

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

157007.20

Current Approval Amount

157007.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

ESSEX

Project State

MA

Project Zip

01952-1824

CD

MA-06

Jobs Reported

6

NAICS Code

722310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

157007.20

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

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139402.96

Forgiveness Date

04/13/2022

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