PPP Loan information for Lancon inc

$71,800

Lancon inc was initially approved for PPP Loan of amount $71,800, the current approved amount is $71,800. The loan was approved on 04/07/2020 by The First National Bank reported 9 jobs and $71,800 was used to fund payroll.

Lancon inc is Existing or more than 2 years old

LANCON INC

Date Approved

04/07/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

LANCON INC

Borrower Address

501 CENTRAL AVE

Borrower City

TULAROSA

Borrower State

NM

Borrower Zip

88352-2015

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71800.00

Current Approval Amount

71800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45647

Servicing Lender Name

First National Bank

Servicing Lender Address

414 10th St

Servicing Lender City

ALAMOGORDO

Servicing Lender State

NM

Servicing Lender Zip

88310-6766

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TULAROSA

Project County Name

OTERO

Project State

NM

Project Zip

88352-2015

CD

NM-02

Jobs Reported

9

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

71800.00

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

45647

Originating Lender

First National Bank

Originating Lender City

ALAMOGORDO

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72745.37

Forgiveness Date

08/05/2021

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