PPP Loan information for Lamco systems inc

$397,200

Lamco systems inc was initially approved for PPP Loan of amount $397,200, the current approved amount is $397,200. The loan was approved on 04/28/2020 by The Enterprise Bank and Trust Company reported 33 jobs and $397,200 was used to fund payroll.

Lamco systems inc is Existing or more than 2 years old

PPP Loan Search / MA / TYNGSBORO / Lamco systems inc

LAMCO SYSTEMS INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LAMCO SYSTEMS INC

Borrower Address

4 CUMMINGS RD

Borrower City

TYNGSBORO

Borrower State

MA

Borrower Zip

01879-1406

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

397200.00

Current Approval Amount

397200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TYNGSBORO

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01879-1406

CD

MA-03

Jobs Reported

33

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

397200.00

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

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402220.17

Forgiveness Date

08/04/2021

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