PPP Loan information for King lincoln inc

$833,600

King lincoln inc was initially approved for PPP Loan of amount $833,600, the current approved amount is $833,600. The loan was approved on 04/10/2020 by The Truist Bank reported 66 jobs and $833,600 was used to fund payroll.

King lincoln inc is Existing or more than 2 years old

PPP Loan Search / MD / GAITHERSBURG / King lincoln inc

KING LINCOLN INC

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

KING LINCOLN INC

Borrower Address

953 N FREDERICK AVE

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20879-3303

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

833600.00

Current Approval Amount

833600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20879-3303

CD

MD-06

Jobs Reported

66

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

833600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

839064.71

Forgiveness Date

12/17/2020

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