# PPP loan: BERGEY'S LINCOLN MERCURY, INC.
> **$586K** approved 04/13/2020 · Paid in Full · Loan `4295287100`
## Borrower
- **Name:** BERGEY'S LINCOLN MERCURY, INC.
- **Address:** 1201 N. Broad St., LANSDALE, PA, 19446-1105
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $586K
- **Initial approval:** $586K
- **Forgiven:** $593K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $586K
- **Jobs reported:** 43
## 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*