PPP Loan information for Lanca sales inc

$258,835

Lanca sales inc was initially approved for PPP Loan of amount $258,835, the current approved amount is $258,835. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 13 jobs and $258,835 was used to fund payroll.

Lanca sales inc is New Business or 2 years or less

LANCA SALES INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LANCA SALES INC

Borrower Address

1235 Central Ave

Borrower City

Hillside

Borrower State

NJ

Borrower Zip

07205

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258835.00

Current Approval Amount

258835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Hillside

Project County Name

UNION

Project State

NJ

Project Zip

07205-0001

CD

NJ-10

Jobs Reported

13

NAICS Code

424610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

258835.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

260430.56

Forgiveness Date

12/16/2020

;