Lapco Manufacturing, Inc.

$748,892 PPP Loan in Morgan City, Louisiana

Loan Details

Loan Number
1824527103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$748,892
Current Approval
$748,892
Forgiveness Amount
$757,801
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lapco Manufacturing, Inc.
Address
98 Glenwood Street 0.0
ZIP Code
70380-2317
Business Type
Corporation
Industry (NAICS)
Manufacturing (315220)
Business Age
Existing or more than 2 years old
Jobs Reported
89
Estimated Revenue
$31.4M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$534,520
Rent
$59,000
Utilities
$6,200
Health Care
$64,594
Debt Interest
$84,578

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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