PPP Loan information for Lanco scaffolding inc

$453,800

Lanco scaffolding inc was initially approved for PPP Loan of amount $403,200, the current approved amount is $453,800. The loan was approved on 04/15/2020 by The East Cambridge Savings Bank reported 20 jobs and $453,800 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

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LANCO SCAFFOLDING INC

Borrower Address

33 EARLE ST

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02143-4203

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

403200.00

Current Approval Amount

453800.00

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

20

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

453800.00

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

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

446353.37

Forgiveness Date

11/23/2020

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