Lincoln Manufacturing, Inc.

$3,350,800 PPP Loan in Magnolia, Texas

Loan Details

Loan Number
8687837009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,350,800
Current Approval
$3,350,800
Forgiveness Amount
$3,409,625
Forgiveness Date
Jan 21, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Lincoln Manufacturing, Inc.
Address
31209 Fm 2978
State
Texas
ZIP Code
77354
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331210)
Business Age
Startup, Loan Funds will Open Business
Jobs Reported
283
Estimated Revenue
$74.1M
Rural/Urban
Urban
Congressional District
TX-08

Loan Use Breakdown

Payroll
$3,350,800

Lender Information

Servicing Lender
Woodforest National Bank
Originating Lender
Woodforest National Bank

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