Lineal Industries INC

$2,090,255 PPP Loan in Bridgeville, Pennsylvania

Loan Details

Loan Number
6327547002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,090,255
Current Approval
$2,090,255
Forgiveness Amount
$2,114,422
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lineal Industries INC
Address
350 Presto-Sygan Rd
ZIP Code
15017-1327
Business Type
Corporation
Industry (NAICS)
Construction (237120)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$14.6M
Rural/Urban
Urban
Congressional District
PA-17

Loan Use Breakdown

Payroll
$1,898,000
Rent
$138,755
Utilities
$10,000
Health Care
$3,500
Debt Interest
$40,000

Lender Information

Servicing Lender
Veritex Community Bank
Originating Lender
Veritex Community Bank

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