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  <TITLE> Lincolnway Energy, LLC (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	November 15, 2006
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  	Lincolnway Energy, LLC
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Iowa
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  	000-51764
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  	20-1118105
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	59511 W Lincoln Highway, Nevada, Iowa
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  	50201
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	515-382-8899
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
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  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 8.01 Other Events.
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  The board of Lincolnway Energy, LLC declared a distribution to members on November 15, 2006.  The distribution was in the amount of $150 per unit, and is payable to members of record on November 15, 2006.  The distribution is payable during the week of December 18, 2006.  Lincolnway Energy, LLC had 42,859 outstanding units on November 15, 2006.<br><br>
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	Lincolnway Energy, LLC
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  <I>
  	November 16, 2006
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  	By:
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  <I>
  	Richard Brehm
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  <I>
  	Name: Richard Brehm
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  	Title: President and Chief Executive Officer
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_16419.htm", "description": "LIVE FILING", "secsgml_size_bytes": 8545}]
metadata_filer: {"company-data": {"conformed-name": "Lincolnway Energy, LLC", "cik": "0001350420", "assigned-sic": "2860", "irs-number": "201118105", "state-of-incorporation": "IA", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-51764", "film-number": "061222159"}, "business-address": {"street1": "59511 W. LINCOLN HIGHWAY", "city": "NEVADA", "state": "IA", "zip": "50201", "phone": "515-203-0847"}, "mail-address": {"street1": "59511 W. LINCOLN HIGHWAY", "city": "NEVADA", "state": "IA", "zip": "50201"}}
text: Lincolnway Energy, LLC (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  November 15, 2006
  Lincolnway Energy, LLC
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Iowa
  000-51764
  20-1118105
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  59511 W Lincoln Highway, Nevada, Iowa
  50201
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  515-382-8899
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 8.01 Other Events.
  The board of Lincolnway Energy, LLC declared a distribution to members on November 15, 2006.  The distribution was in the amount of $150 per unit, and is payable to members of record on November 15, 2006.  The distribution is payable during the week of December 18, 2006.  Lincolnway Energy, LLC had 42,859 outstanding units on November 15, 2006.
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  Lincolnway Energy, LLC
  November 16, 2006
  By:
  Richard Brehm
  Name: Richard Brehm
  Title: President and Chief Executive Officer