# PPP loan: LINCOLN SUMMERSET ALMC LLC
> **$395K** approved 05/04/2020 · Paid in Full · Loan `1651737402`
## Borrower
- **Name:** LINCOLN SUMMERSET ALMC LLC
- **Address:** 2150 DOUGLAS BLVD STE 110, ROSEVILLE, CA, 95648
- **NAICS:** 623990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $395K
- **Jobs reported:** 47
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*