Lanco Assembly Systems, Inc.

$2,886,335 PPP Loan in Westbrook, Maine

Loan Details

Loan Number
8836347205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$2,886,335
Current Approval
$2,886,335
Forgiveness Amount
$2,918,726
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lanco Assembly Systems, Inc.
Address
12 Thomas Dr.
State
Maine
ZIP Code
04092
Business Type
Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
177
Estimated Revenue
$49.4M
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$2,886,335

Lender Information

Servicing Lender
Camden National Bank
Originating Lender
Camden National Bank

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