# PPP loan: LANCASTER DEVELOPMENT INC.
> **$2.00M** approved 02/03/2021 · Paid in Full · Loan `2467278407`
## Borrower
- **Name:** LANCASTER DEVELOPMENT INC.
- **Address:** 145 Podpadic Rd, Richmondville, NY, 12149-2205
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 02/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 103
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*