Lancaster Machine & Tool INC
$317,300 PPP Loan in Lancaster, Wisconsin
Loan Details
- Loan Number
- 9518017003
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $317,300
- Current Approval
- $317,300
- Forgiveness Amount
- $319,971
- Forgiveness Date
- Feb 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lancaster Machine & Tool INC
- Address
- 1900 Industrial Park Road
- City
- Lancaster
- State
- Wisconsin
- ZIP Code
- 53813-9431
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333514)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- $6.0M
- Rural/Urban
- Rural
- Congressional District
- WI-03
Loan Use Breakdown
- Payroll
- $237,975
- Rent
- $19,831
- Utilities
- $19,831
- Mortgage Interest
- $19,831
- Debt Interest
- $19,831
Lender Information
- Servicing Lender
- Midwestone Bank
- Originating Lender
- Midwestone Bank
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