# PPP loan: LINCO FAB, INC.
> **$1.15M** approved 04/04/2020 · Paid in Full · Loan `5001237009`
## Borrower
- **Name:** LINCO FAB, INC.
- **Address:** 12786   60TH ST NE, SAINT MICHAEL, MN, 55376-3259
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.15M
- **Jobs reported:** 76
## Lender
- **Originating:** 21st Century Bank
- **Servicing:** 21st Century Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*