PPP Loan information for Lincoln electric co-op inc

$519,600

Lincoln electric co-op inc was initially approved for PPP Loan of amount $519,600, the current approved amount is $519,600. The loan was approved on 05/14/2020 by The Glacier Bank reported 22 jobs and $519,600 was used to fund payroll.

Lincoln electric co-op inc is Existing or more than 2 years old

PPP Loan Search / MT / EUREKA / Lincoln electric co-op inc

LINCOLN ELECTRIC CO-OP INC

Date Approved

05/14/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

LINCOLN ELECTRIC CO-OP INC

Borrower Address

312 OSLOSKI RD

Borrower City

EUREKA

Borrower State

MT

Borrower Zip

59917-9217

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519600.00

Current Approval Amount

519600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EUREKA

Project County Name

LINCOLN

Project State

MT

Project Zip

59917-9217

CD

MT-01

Jobs Reported

22

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

519600.00

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

Cooperative

Originating Lender Location Id

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

522247.82

Forgiveness Date

11/23/2020

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