# PPP loan: LINC'S INC
> **$275K** approved 04/12/2020 · Paid in Full · Loan `3974097110`
## Borrower
- **Name:** LINC'S INC
- **Address:** 1111 LINCOLN PARK ROAD, SPRINGFIELD, KY, 40069-9573
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Utilities:** $55K
- **Jobs reported:** 58
## Lender
- **Originating:** Springfield State Bank
- **Servicing:** Springfield State Bank (KY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*