# PPP loan: LANCO SCAFFOLDING INC
> **$454K** approved 04/15/2020 · Paid in Full · Loan `9744227103`
## Borrower
- **Name:** LANCO SCAFFOLDING INC
- **Address:** 33 EARLE ST, SOMERVILLE, MA, 02143-4203
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $454K
- **Initial approval:** $403K
- **Forgiven:** $456K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $454K
- **Jobs reported:** 20
## Lender
- **Originating:** East Cambridge Savings Bank
- **Servicing:** East Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*