PPP Loan information for Linco incorporated

$620,000

Linco incorporated was initially approved for PPP Loan of amount $1,000,000, the current approved amount is $620,000. The loan was approved on 04/03/2020 by The The First Bank and Trust Company reported 47 jobs and $620,000 was used to fund payroll.

Linco incorporated is Existing or more than 2 years old

PPP Loan Search / VA / WAYNESBORO / Linco incorporated

LINCO INCORPORATED

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LINCO INCORPORATED

Borrower Address

7 ELLIS LN

Borrower City

WAYNESBORO

Borrower State

VA

Borrower Zip

22980-9125

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000000.00

Current Approval Amount

620000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNESBORO

Project County Name

AUGUSTA

Project State

VA

Project Zip

22980-9125

CD

VA-06

Jobs Reported

47

NAICS Code

237310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

620000.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

624322.78

Forgiveness Date

12/22/2020

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