# PPP loan: JUNGE LINCOLN-MERCURY, INC.
> **$552K** approved 04/09/2020 · Paid in Full · Loan `9881407007`
## Borrower
- **Name:** JUNGE LINCOLN-MERCURY, INC.
- **Address:** 1200 Boyson Rd, HIAWATHA, IA, 52233-2387
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $552K
- **Initial approval:** $552K
- **Forgiven:** $557K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $552K
- **Jobs reported:** 45
## Lender
- **Originating:** Central State Bank
- **Servicing:** Central State Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*