# PPP loan: LIMOLINK INCORPORATED
> **$2.00M** approved 01/23/2021 · Exemption 4 · Loan `4882318304`
## Borrower
- **Name:** LIMOLINK INCORPORATED
- **Address:** 3375 Armar Dr, Marion, IA, 52302-4702
- **NAICS:** 561599
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $820K (41%)
- **Forgiveness date:** 07/23/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 178
## Lender
- **Originating:** Farmers & Merchants Savings Bank
- **Servicing:** Farmers & Merchants Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*