# PPP loan: LINCO CONSTRUCTION CO, INC.
> **$914K** approved 04/10/2020 · Paid in Full · Loan `2515787101`
## Borrower
- **Name:** LINCO CONSTRUCTION CO, INC.
- **Address:** 26203 BECKENDORFF RD, KATY, TX, 77493-6508
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $914K
- **Initial approval:** $1.04M
- **Forgiven:** $926K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Rent:** $846K
- **Mortgage interest:** $15K
- **Utilities:** $6K
- **Health care:** $48K
- **Jobs reported:** 123
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*