# PPP loan: ISLAND LINCOLN MERCURY, INC
> **$630K** approved 04/08/2020 · Paid in Full · Loan `8170587003`
## Borrower
- **Name:** ISLAND LINCOLN MERCURY, INC
- **Address:** 1850 EAST MERRITT ISLAND CSWY, MERRITT ISLAND, FL, 32952-2665
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $630K
- **Initial approval:** $630K
- **Forgiven:** $634K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $630K
- **Jobs reported:** 63
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*