PPP Loan information for Linn corporation

$72,300

Linn corporation was initially approved for PPP Loan of amount $72,300, the current approved amount is $72,300. The loan was approved on 04/10/2020 by The First State Bank of Middlebury reported 17 jobs and $72,300 was used to fund payroll.

Linn corporation is New Business or 2 years or less

PPP Loan Search / IN / South Bend / Linn corporation

LINN CORPORATION

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LINN CORPORATION

Borrower Address

327 West Marion St

Borrower City

South Bend

Borrower State

IN

Borrower Zip

46601-1148

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72300.00

Current Approval Amount

72300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23975

Servicing Lender Name

First State Bank of Middlebury

Servicing Lender Address

111 S Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

IN

Servicing Lender Zip

46540

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

South Bend

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46601-1148

CD

IN-02

Jobs Reported

17

NAICS Code

722511

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18075.00

Payroll Proceed

54225.00

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

23975

Originating Lender

First State Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73135.47

Forgiveness Date

06/15/2021

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