PPP Loan information for Lanconnect systems inc

$130,230

Lanconnect systems inc was initially approved for PPP Loan of amount $130,230, the current approved amount is $130,230. The loan was approved on 04/14/2020 by The Middlesex Savings Bank reported 9 jobs and $130,230 was used to fund payroll.

Lanconnect systems inc is Existing or more than 2 years old

PPP Loan Search / MA / FRANKLIN / Lanconnect systems inc

LANCONNECT SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LANCONNECT SYSTEMS INC

Borrower Address

186 GROVE ST

Borrower City

FRANKLIN

Borrower State

MA

Borrower Zip

02038-3119

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130230.00

Current Approval Amount

130230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

NORFOLK

Project State

MA

Project Zip

02038-3119

CD

MA-04

Jobs Reported

9

NAICS Code

541519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13023.00

Payroll Proceed

104184.00

Mortgage Interest Proceed

13023.00

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

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131488.89

Forgiveness Date

03/31/2021

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