PPP Loan information for Lin restaurant, inc.

$28,619

Lin restaurant, inc. was initially approved for PPP Loan of amount $28,619, the current approved amount is $28,619. The loan was approved on 04/28/2020 by The Bank Iowa reported 10 jobs and $28,619 was used to fund payroll.

Lin restaurant, inc. is Existing or more than 2 years old

LIN RESTAURANT, INC.

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LIN RESTAURANT, INC.

Borrower Address

106 1ST ST N

Borrower City

NEWTON

Borrower State

IA

Borrower Zip

50208-3226

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28618.70

Current Approval Amount

28618.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

JASPER

Project State

IA

Project Zip

50208-3226

CD

IA-01

Jobs Reported

10

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28618.70

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

Subchapter S Corporation

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28890.58

Forgiveness Date

04/14/2021

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