PPP Loan information for Lanco adhesives
$284,840
Lanco adhesives was initially approved for PPP Loan of amount $284,840, the current approved amount is $284,840. The loan was approved on 04/06/2020 by The Manasquan Bank reported 18 jobs and $284,840 was used to fund payroll.
Lanco adhesives is Existing or more than 2 years old
LANCO ADHESIVES
Date Approved
04/06/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
LANCO ADHESIVES
Borrower Address
1723 GINESI DR
Borrower City
FREEHOLD
Borrower State
NJ
Borrower Zip
07728-8851
Loan Status Date
12/18/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
284840.00
Current Approval Amount
284840.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
87220
Servicing Lender Name
Manasquan Bank
Servicing Lender Address
2221 Landmark Place
Servicing Lender City
WALL TOWNSHIP
Servicing Lender State
NJ
Servicing Lender Zip
08736-1051
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
FREEHOLD
Project County Name
MONMOUTH
Project State
NJ
Project Zip
07728-8851
CD
NJ-03
Jobs Reported
18
NAICS Code
325520
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
284840.00
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
Subchapter S Corporation
Originating Lender Location Id
87220
Originating Lender
Manasquan Bank
Originating Lender City
WALL TOWNSHIP
Originating Lender State
NJ
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
286556.95
Forgiveness Date
11/19/2020