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Linn Gearcompany INC

$1,257,740 PPP Loan in Lebanon, Oregon

Loan Details

Loan Number
8638997004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,257,740
Current Approval
$1,257,740
Forgiveness Amount
$1,270,387
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Linn Gearcompany INC
Address
100 N. 8th St
City
Lebanon
State
Oregon
ZIP Code
97355-2213
Business Type
Corporation
Industry (NAICS)
Manufacturing (333612)
Business Age
Existing or more than 2 years old
Jobs Reported
125
Estimated Revenue
$32.7M
Rural/Urban
Rural
Congressional District
OR-05

Loan Use Breakdown

Payroll
$1,235,774
Utilities
$10,983
Debt Interest
$10,983

Lender Information

Servicing Lender
Peoples Bank of Commerce
Originating Lender
Peoples Bank of Commerce

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