Lanco Acquisition LLC

$191,520 PPP Loan in Sparta, Michigan

Loan Details

Loan Number
3255438301
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$191,520
Current Approval
$191,520
Forgiveness Amount
$192,270
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lanco Acquisition LLC
Address
665 10 Mile Rd NW
City
Sparta
ZIP Code
49345-9459
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$191,518
Utilities
$1

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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