# PPP loan: LINCOLN PARK MANOR INC.
> **$298K** approved 04/05/2020 · Paid in Full · Loan `5508787009`
## Borrower
- **Name:** LINCOLN PARK MANOR INC.
- **Address:** 922 N. 5TH ST., LINCOLN, KS, 67455-1602
- **NAICS:** 623312
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Mortgage interest:** $30K
- **Utilities:** $30K
- **Jobs reported:** 30
## Lender
- **Originating:** The Bank of Tescott
- **Servicing:** The Bank of Tescott (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*