# PPP loan: LAMCO SYSTEMS INC
> **$397K** approved 04/28/2020 · Paid in Full · Loan `7933827204`
## Borrower
- **Name:** LAMCO SYSTEMS INC
- **Address:** 4 CUMMINGS RD, TYNGSBORO, MA, 01879-1406
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $397K
- **Initial approval:** $397K
- **Forgiven:** $402K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $397K
- **Jobs reported:** 33
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*