PPP Loan information for Lanco scaffolding inc.

$453,838

Lanco scaffolding inc. was initially approved for PPP Loan of amount $453,838, the current approved amount is $453,838. The loan was approved on 01/20/2021 by The East Cambridge Savings Bank reported 25 jobs and $453,838 was used to fund payroll.

Lanco scaffolding inc. is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Lanco scaffolding inc.

LANCO SCAFFOLDING INC.

Date Approved

01/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LANCO SCAFFOLDING INC.

Borrower Address

33 Earle St

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143-4203

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

453837.50

Current Approval Amount

453837.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32730

Servicing Lender Name

East Cambridge Savings Bank

Servicing Lender Address

292 Cambridge St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02141-1203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-4203

CD

MA-07

Jobs Reported

25

NAICS Code

238290

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

453836.50

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

32730

Originating Lender

East Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

459656.57

Forgiveness Date

05/12/2022

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