Lanco Sheds

$272,275 PPP Loan in New Holland, Pennsylvania

Loan Details

Loan Number
1387907307
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$272,275
Current Approval
$272,275
Forgiveness Amount
$274,513
Forgiveness Date
Feb 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lanco Sheds
Address
150 Commerce Drive
ZIP Code
17557
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (321992)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$27.8M
Rural/Urban
Urban
Congressional District
PA-11

Loan Use Breakdown

Payroll
$204,275
Rent
$36,000
Utilities
$4,000
Mortgage Interest
$14,000
Debt Interest
$14,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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