PPP Loan information for Linco fab inc.

$1,341,600

Linco fab inc. was initially approved for PPP Loan of amount $1,341,600, the current approved amount is $1,341,600. The loan was approved on 01/23/2021 by The 21st Century Bank reported 87 jobs and $1,341,600 was used to fund payroll.

Linco fab inc. is Existing or more than 2 years old

LINCO FAB INC.

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LINCO FAB INC.

Borrower Address

12786 60th St NE

Borrower City

Saint Michael

Borrower State

MN

Borrower Zip

55376-3259

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1341600.00

Current Approval Amount

1341600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36718

Servicing Lender Name

21st Century Bank

Servicing Lender Address

699 N Medina St

Servicing Lender City

LORETTO

Servicing Lender State

MN

Servicing Lender Zip

55357-9595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Michael

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-3259

CD

MN-06

Jobs Reported

87

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1341597.00

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

Corporation

Originating Lender Location Id

36718

Originating Lender

21st Century Bank

Originating Lender City

LORETTO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1349686.87

Forgiveness Date

09/07/2021

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