PPP Loan information for Lineal industries inc

$2,090,255

Lineal industries inc was initially approved for PPP Loan of amount $2,090,255, the current approved amount is $2,090,255. The loan was approved on 04/06/2020 by The Veritex Community Bank reported 47 jobs and $2,090,255 was used to fund payroll.

Lineal industries inc is Existing or more than 2 years old

PPP Loan Search / PA / BRIDGEVILLE / Lineal industries inc

LINEAL INDUSTRIES INC

Date Approved

04/06/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

LINEAL INDUSTRIES INC

Borrower Address

350 Presto-Sygan Rd

Borrower City

BRIDGEVILLE

Borrower State

PA

Borrower Zip

15017-1327

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2090255.00

Current Approval Amount

2090255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368915

Servicing Lender Name

Veritex Community Bank

Servicing Lender Address

8214 Westchester Dr Ste 800

Servicing Lender City

Dallas

Servicing Lender State

TX

Servicing Lender Zip

75225

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIDGEVILLE

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15017-1327

CD

PA-17

Jobs Reported

47

NAICS Code

237120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

1898000.00

Mortgage Interest Proceed

0.00

Rent Proceed

138755.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3500.00

Debt Interest Proceed

40000

Business Type

Corporation

Originating Lender Location Id

368915

Originating Lender

Veritex Community Bank

Originating Lender City

Dallas

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2114421.78

Forgiveness Date

06/11/2021

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