As part of the Paycheck Protection Program LINEAR ELECTRIC, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

LINEAR ELECTRIC, INC


Loan Amount	$872,572
BusinessName	LINEAR ELECTRIC, INC
Address	15346 S 70th Ct
City	Orland Park
State	IL
Zip	60462
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	43
DateApproved	04/12/2020
Lender	First Midwest Bank
CD	IL-01
BusinessName.clean	LINEAR ELECTRIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

LINEAR MOTION
LINEAR MOTORS
LINEARIZER TECHNOLOGY
ANCHOR QEA
LINEDRIVE UNLIMITED