PPP Loan information for Lanco dairy farms co-op, inc.

$1,841,458

Lanco dairy farms co-op, inc. was initially approved for PPP Loan of amount $1,841,459, the current approved amount is $1,841,458. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 123 jobs and $1,841,458 was used to fund payroll.

Lanco dairy farms co-op, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Hagerstown / Lanco dairy farms co-op, inc.

LANCO DAIRY FARMS CO-OP, INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LANCO DAIRY FARMS CO-OP, INC.

Borrower Address

1258 Maryland Ave

Borrower City

Hagerstown

Borrower State

MD

Borrower Zip

21740

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1841458.92

Current Approval Amount

1841458.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hagerstown

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-0900

CD

MD-06

Jobs Reported

123

NAICS Code

311511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

230364.00

Payroll Proceed

1381094.00

Mortgage Interest Proceed

230000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1855217.78

Forgiveness Date

01/12/2021

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