Linear Electric, Inc.
$122,500 PPP Loan in Benton Harbor, Michigan
Loan Details
- Loan Number
- 4030087300
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $122,500
- Current Approval
- $122,500
- Forgiveness Amount
- $123,859
- Forgiveness Date
- Jun 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Linear Electric, Inc.
- Address
- 790 Nickerson Ave.
- City
- Benton Harbor
- State
- Michigan
- ZIP Code
- 49022
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Unanswered
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $98,000
- Rent
- $6,125
- Utilities
- $6,125
- Health Care
- $6,125
- Mortgage Interest
- $6,125
Lender Information
- Servicing Lender
- Horizon Bank
- Originating Lender
- Horizon Bank
Other PPP Loans in Benton Harbor, MI
| Business | Approved | |
|---|---|---|
| Ausco Products, INC | $2,096,500 |  AI Deep Dive |
| Wightman & Associates Inc. | $1,942,500 | AI Deep Dive |
| Abonmarche Consultants INC | $1,711,500 | AI Deep Dive |
| Ibid County Electric INC | $1,383,481 | AI Deep Dive |
| Berrien Cass Van Buren Workforce Development Board INC | $1,171,000 | AI Deep Dive |
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