PPP Loan information for Lanco assembly systems, inc.

$2,886,335

Lanco assembly systems, inc. was initially approved for PPP Loan of amount $2,886,335, the current approved amount is $2,886,335. The loan was approved on 04/28/2020 by The Camden National Bank reported 177 jobs and $2,886,335 was used to fund payroll.

Lanco assembly systems, inc. is Existing or more than 2 years old

PPP Loan Search / ME / Westbrook / Lanco assembly systems, inc.

LANCO ASSEMBLY SYSTEMS, INC.

Date Approved

04/28/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

LANCO ASSEMBLY SYSTEMS, INC.

Borrower Address

12 Thomas Dr.

Borrower City

Westbrook

Borrower State

ME

Borrower Zip

04092

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2886335.00

Current Approval Amount

2886335.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29633

Servicing Lender Name

Camden National Bank

Servicing Lender Address

2 Elm St

Servicing Lender City

CAMDEN

Servicing Lender State

ME

Servicing Lender Zip

04843-1947

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Westbrook

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04092-0001

CD

ME-01

Jobs Reported

177

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2886335.00

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

Corporation

Originating Lender Location Id

29633

Originating Lender

Camden National Bank

Originating Lender City

CAMDEN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2918726.09

Forgiveness Date

06/09/2021

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