PPP Loan information for Lanco paving inc

$122,657

Lanco paving inc was initially approved for PPP Loan of amount $115,500, the current approved amount is $122,657. The loan was approved on 04/12/2020 by The Truist Bank reported 17 jobs and $122,657 was used to fund payroll.

Lanco paving inc is Existing or more than 2 years old

LANCO PAVING INC

Date Approved

04/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LANCO PAVING INC

Borrower Address

11010 BILL TUCK HWY

Borrower City

VIRGILINA

Borrower State

VA

Borrower Zip

24598-3104

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115500.00

Current Approval Amount

122657.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGILINA

Project County Name

HALIFAX

Project State

VA

Project Zip

24598-3104

CD

VA-05

Jobs Reported

17

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122657.10

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

123737.16

Forgiveness Date

03/05/2021

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