PPP Loan information for Linnco inc.

$124,900

Linnco inc. was initially approved for PPP Loan of amount $124,900, the current approved amount is $124,900. The loan was approved on 04/11/2020 by The BankVista reported 6 jobs and $124,900 was used to fund payroll.

Linnco inc. is New Business or 2 years or less

LINNCO INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LINNCO INC.

Borrower Address

2 2nd Avenue South, Suite 160

Borrower City

SAUK RAPIDS

Borrower State

MN

Borrower Zip

56379-1245

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124900.00

Current Approval Amount

124900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124444

Servicing Lender Name

BankVista

Servicing Lender Address

125 Twin Rivers Ct

Servicing Lender City

SARTELL

Servicing Lender State

MN

Servicing Lender Zip

56377-2144

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SAUK RAPIDS

Project County Name

BENTON

Project State

MN

Project Zip

56379-1245

CD

MN-06

Jobs Reported

6

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124900.00

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

124444

Originating Lender

BankVista

Originating Lender City

SARTELL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125570.70

Forgiveness Date

11/03/2020

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