PPP Loan information for Lin restaurant inc.

$41,086

Lin restaurant inc. was initially approved for PPP Loan of amount $41,086, the current approved amount is $41,086. The loan was approved on 02/18/2021 by The Loan Source Incorporated reported 6 jobs and $41,086 was used to fund payroll.

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

PPP Loan Search / IA / Newton / Lin restaurant inc.

LIN RESTAURANT INC.

Date Approved

02/18/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

LIN RESTAURANT INC.

Borrower Address

106 1st St N

Borrower City

Newton

Borrower State

IA

Borrower Zip

50208-3226

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41086.00

Current Approval Amount

41086.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

6

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41079.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41567.78

Forgiveness Date

04/28/2022

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