# PPP loan: LYNCH BBQ COMPANY
> **$470K** approved 04/27/2020 · Paid in Full · Loan `4909657208`
## Borrower
- **Name:** LYNCH BBQ COMPANY
- **Address:** 331 3RD ST NW, WAUCOMA, IA, 52171
- **NAICS:** 311611
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $470K
- **Initial approval:** $470K
- **Forgiven:** $476K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $470K
- **Jobs reported:** 500
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*