# PPP loan: LINCO INCORPORATED
> **$620K** approved 04/03/2020 · Paid in Full · Loan `4552217005`
## Borrower
- **Name:** LINCO INCORPORATED
- **Address:** 7 ELLIS LN, WAYNESBORO, VA, 22980-9125
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $620K
- **Initial approval:** $1.00M
- **Forgiven:** $624K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $620K
- **Jobs reported:** 47
## Lender
- **Originating:** The First Bank and Trust Company
- **Servicing:** The First Bank and Trust Company (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*