# PPP loan: LANTEC PRODUCTS INC.
> **$321K** approved 01/28/2021 · Paid in Full · Loan `7749878302`
## Borrower
- **Name:** LANTEC PRODUCTS INC.
- **Address:** 5302 Derry Ave Ste G, Agoura Hills, CA, 91301-6014
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $321K
- **Initial approval:** $321K
- **Forgiven:** $323K (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $321K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*