# PPP loan: LANIER-LINCOLN-MERCURY, INC.
> **$283K** approved 04/27/2020 · Paid in Full · Loan `4198297210`
## Borrower
- **Name:** LANIER-LINCOLN-MERCURY, INC.
- **Address:** 2407 Browns Bridge Road, Gainesville, GA, 30528-6026
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $283K
- **Initial approval:** $283K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Jobs reported:** 28
## 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*