PPP borrower record

LINEAR ELECTRIC, INC. PPP loan record

Public SBA PPP loan record for LINEAR ELECTRIC, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$872,573
Approved amount
$757,221
Forgiven amount
2020-04-12
Date approved

Borrower and loan details

Borrower
LINEAR ELECTRIC, INC.
Loan number
3800477106
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Orland Park
Borrower state
Illinois
Borrower ZIP
60462
Jobs reported
43
Loan status
Exemption 4
Forgiveness date
2020-11-10
Servicing lender
First Midwest Bank
Originating lender
First Midwest Bank

Reported use of proceeds

Payroll
$872,573
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.