# PPP loan: COLISEUM LINCOLN MERCURY, INCORPORATED
> **$600K** approved 04/08/2020 · Paid in Full · Loan `8192467003`
## Borrower
- **Name:** COLISEUM LINCOLN MERCURY, INCORPORATED
- **Address:** 1134 W. MERCURY BLVD, HAMPTON, VA, 23666-3322
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $605K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $524K
- **Rent:** $60K
- **Utilities:** $16K
- **Jobs reported:** 144
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*