Linear Measurement Instruments Corp

$379,292 PPP Loan in Fenton, Michigan

Loan Details

Loan Number
1695877705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$379,292
Current Approval
$379,292
Forgiveness Amount
$384,754
Forgiveness Date
Oct 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Linear Measurement Instruments Corp
Address
101 N Alloy Dr
City
Fenton
ZIP Code
48430
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$306,665
Rent
$26,385
Utilities
$4,560
Health Care
$41,682

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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