PPP Loan information for Lanco systems inc

$10,919

Lanco systems inc was initially approved for PPP Loan of amount $10,919, the current approved amount is $10,919. The loan was approved on 02/07/2021 by The WebBank reported 1 jobs and $10,919 was used to fund payroll.

Lanco systems inc is Existing or more than 2 years old

LANCO SYSTEMS INC

Date Approved

02/07/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LANCO SYSTEMS INC

Borrower Address

14 Columbia St

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02740-3335

Loan Status Date

12/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10919.00

Current Approval Amount

10919.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Bedford

Project County Name

BRISTOL

Project State

MA

Project Zip

02740-3335

CD

MA-09

Jobs Reported

1

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10918.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10996.65

Forgiveness Date

10/25/2021

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