PPP Loan information for Linear motion llc

$2,397,018

Linear motion llc was initially approved for PPP Loan of amount $2,397,018, the current approved amount is $2,397,018. The loan was approved on 04/29/2020 by The Bank of America, National Association reported 146 jobs and $2,397,018 was used to fund payroll.

Linear motion llc is Unanswered

PPP Loan Search / MI / SAGINAW / Linear motion llc

LINEAR MOTION LLC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LINEAR MOTION LLC

Borrower Address

628 N Hamilton St

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48602-4301

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2397018.00

Current Approval Amount

2397018.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48602-4301

CD

MI-08

Jobs Reported

146

NAICS Code

336310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2397018.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2424534.45

Forgiveness Date

06/24/2021

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