# PPP loan: JACK DEMMER LINCOLN INC
> **$1.30M** approved 04/27/2020 · Paid in Full · Loan `5607337205`
## Borrower
- **Name:** JACK DEMMER LINCOLN INC
- **Address:** 21531 MICHIGAN AVE, DEARBORN, MI, 48124-2349
- **NAICS:** 522220
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.30M
- **Jobs reported:** 90
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*