# PPP loan: CAPITAL LINCOLN-MERCURY INC
> **$611K** approved 04/14/2020 · Paid in Full · Loan `7338537108`
## Borrower
- **Name:** CAPITAL LINCOLN-MERCURY INC
- **Address:** 525 Crossroads Blvd, CARY, NC, 27518-6952
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $611K
- **Initial approval:** $611K
- **Forgiven:** $618K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $611K
- **Jobs reported:** 48
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*