# PPP loan: BLOOMINGTON LINCOLN MERCURY INC
> **$619K** approved 04/11/2020 · Paid in Full · Loan `2907467109`
## Borrower
- **Name:** BLOOMINGTON LINCOLN MERCURY INC
- **Address:** 1001 CLOVER DR S, MINNEAPOLIS, MN, 55420-1040
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $619K
- **Initial approval:** $619K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $619K
- **Jobs reported:** 41
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*