# PPP loan: LINEAR CONTOLS, INC.
> **$5.81M** approved 04/10/2020 · Paid in Full · Loan `1279267101`
## Borrower
- **Name:** LINEAR CONTOLS, INC.
- **Address:** 107 1/2 Commission Blvd 0.0, Lafayette, LA, 70508-3514
- **NAICS:** 334513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.81M
- **Initial approval:** $5.81M
- **Forgiven:** $5.88M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.67M
- **Rent:** $133K
- **Utilities:** $11K
- **Jobs reported:** 301
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*