# PPP loan: LOMANCO, INC
> **$3.51M** approved 04/07/2020 · Paid in Full · Loan `7632677007`
## Borrower
- **Name:** LOMANCO, INC
- **Address:** 2101 West Main, JACKSONVILLE, AR, 72076-4205
- **NAICS:** 332322
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.51M
- **Initial approval:** $3.51M
- **Forgiven:** $3.56M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.51M
- **Jobs reported:** 233
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*