PPP Loan information for Lantech systems inc.

$41,667

Lantech systems inc. was initially approved for PPP Loan of amount $41,667, the current approved amount is $41,667. The loan was approved on 01/22/2021 by The Avidia Bank reported 2 jobs and $41,667 was used to fund payroll.

Lantech systems inc. is Existing or more than 2 years old

LANTECH SYSTEMS INC.

Date Approved

01/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LANTECH SYSTEMS INC.

Borrower Address

78 Bowman St

Borrower City

Westborough

Borrower State

MA

Borrower Zip

01581-3102

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41666.65

Current Approval Amount

41666.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westborough

Project County Name

WORCESTER

Project State

MA

Project Zip

01581-3102

CD

MA-02

Jobs Reported

2

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41666.65

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41981.97

Forgiveness Date

10/28/2021

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