PPP Loan information for Linder electric motors, inc.

$71,200

Linder electric motors, inc. was initially approved for PPP Loan of amount $71,200, the current approved amount is $71,200. The loan was approved on 04/10/2020 by The Peoples State Bank reported 6 jobs and $71,200 was used to fund payroll.

Linder electric motors, inc. is Existing or more than 2 years old

PPP Loan Search / WI / WAUSAU / Linder electric motors, inc.

LINDER ELECTRIC MOTORS, INC.

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LINDER ELECTRIC MOTORS, INC.

Borrower Address

308 ADRIAN ST

Borrower City

WAUSAU

Borrower State

WI

Borrower Zip

54401-6107

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71200.00

Current Approval Amount

71200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76899

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

1905 Stewart Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-5375

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAUSAU

Project County Name

MARATHON

Project State

WI

Project Zip

54401-6107

CD

WI-07

Jobs Reported

6

NAICS Code

811219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

71200.00

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

76899

Originating Lender

Peoples State Bank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71872.44

Forgiveness Date

03/29/2021

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