PPP Loan information for Linear b systems inc.

$75,600

Linear b systems inc. was initially approved for PPP Loan of amount $75,600, the current approved amount is $75,600. The loan was approved on 01/27/2021 by The First-Citizens Bank & Trust Company reported 6 jobs and $75,600 was used to fund payroll.

Linear b systems inc. is Existing or more than 2 years old

PPP Loan Search / VA / Blacksburg / Linear b systems inc.

LINEAR B SYSTEMS INC.

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LINEAR B SYSTEMS INC.

Borrower Address

2000 Kraft Dr Ste 1450

Borrower City

Blacksburg

Borrower State

VA

Borrower Zip

24060-0004

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75600.00

Current Approval Amount

75600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blacksburg

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24060-0004

CD

VA-09

Jobs Reported

6

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75598.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76092.95

Forgiveness Date

09/27/2021

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