Linear Electric, Inc.

$872,573 PPP Loan in Orland Park, Illinois

Loan Details

Loan Number
3800477106
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$872,573
Current Approval
$872,573
Forgiveness Amount
$757,221
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Linear Electric, Inc.
Address
15346 S 70th Ct
ZIP Code
60462-5134
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$872,573

Lender Information

Servicing Lender
Old National Bank
Originating Lender
First Midwest Bank, a Division of Old National Bank

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