# PPP loan: LYNCO DISTRIBUTION, INC.
> **$3.30M** approved 04/05/2020 · Paid in Full · Loan `5108317009`
## Borrower
- **Name:** LYNCO DISTRIBUTION, INC.
- **Address:** 1410 11th Street W, MILAN, IL, 61264-2264
- **NAICS:** 424990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.30M
- **Initial approval:** $3.30M
- **Forgiven:** $1.88M (57%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.30M
- **Jobs reported:** 250
## Lender
- **Originating:** BankOrion
- **Servicing:** BankOrion (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*