# PPP loan: LINCO REFRACTORY SUPPLY INC
> **$155K** approved 04/08/2020 · Paid in Full · Loan `7950707009`
## Borrower
- **Name:** LINCO REFRACTORY SUPPLY INC
- **Address:** 205 41ST ST, MOLINE, IL, 61265-1646
- **NAICS:** 327120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 03/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 9
## 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*