Lanco Manufacturing Corp.

$1,831,800 PPP Loan in San Lorenzo, Puerto Rico

Loan Details

Loan Number
4157947110
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$1,831,800
Current Approval
$1,831,800
Forgiveness Amount
$1,853,120
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lanco Manufacturing Corp.
Address
Urb. Aponte 5
ZIP Code
00754
Business Type
Corporation
Industry (NAICS)
Manufacturing (325510)
Business Age
Existing or more than 2 years old
Jobs Reported
311
Estimated Revenue
$308.5M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$1,682,112
Rent
$120,230
Utilities
$29,459

Lender Information

Servicing Lender
Banco Popular De Puerto Rico
Originating Lender
Banco Popular De Puerto Rico

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