PPP Loan information for Lanco adhesives

$284,840

Lanco adhesives was initially approved for PPP Loan of amount $284,840, the current approved amount is $284,840. The loan was approved on 04/06/2020 by The Manasquan Bank reported 18 jobs and $284,840 was used to fund payroll.

Lanco adhesives is Existing or more than 2 years old

PPP Loan Search / NJ / FREEHOLD / Lanco adhesives

LANCO ADHESIVES

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LANCO ADHESIVES

Borrower Address

1723 GINESI DR

Borrower City

FREEHOLD

Borrower State

NJ

Borrower Zip

07728-8851

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

284840.00

Current Approval Amount

284840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87220

Servicing Lender Name

Manasquan Bank

Servicing Lender Address

2221 Landmark Place

Servicing Lender City

WALL TOWNSHIP

Servicing Lender State

NJ

Servicing Lender Zip

08736-1051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREEHOLD

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07728-8851

CD

NJ-03

Jobs Reported

18

NAICS Code

325520

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

284840.00

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

87220

Originating Lender

Manasquan Bank

Originating Lender City

WALL TOWNSHIP

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

286556.95

Forgiveness Date

11/19/2020

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