PPP Loan information for Linear solutions inc

$250,144

Linear solutions inc was initially approved for PPP Loan of amount $250,144, the current approved amount is $250,144. The loan was approved on 04/30/2021 by The The Fidelity Bank reported 17 jobs and $250,144 was used to fund payroll.

Linear solutions inc is Existing or more than 2 years old

PPP Loan Search / NC / Randleman / Linear solutions inc

LINEAR SOLUTIONS INC

Date Approved

04/30/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LINEAR SOLUTIONS INC

Borrower Address

500 Pointe South Dr

Borrower City

Randleman

Borrower State

NC

Borrower Zip

27317-9503

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250144.00

Current Approval Amount

250144.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Randleman

Project County Name

RANDOLPH

Project State

NC

Project Zip

27317-9503

CD

NC-09

Jobs Reported

17

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250144.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251582.33

Forgiveness Date

12/01/2021

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