# PPP loan: LINCO PRECISION, LLC
> **$270K** approved 04/11/2020 · Paid in Full · Loan `2826217102`
## Borrower
- **Name:** LINCO PRECISION, LLC
- **Address:** 900 W MAIN ST, EL PASO, IL, 61738-1725
- **NAICS:** 115112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Jobs reported:** 21
## Lender
- **Originating:** First National Bank of Nokomis
- **Servicing:** First National Bank of Nokomis (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*