$561K Farm Loan Approved for Lapp Family
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Description
Lancaster County Commissioners approved a $561,000 Next Generation Farm Loan for John S. and Malinda F. Lapp for the purchase of a 74-acre farm in Quarryville. Funding is facilitated by the Penn Township Lancaster County Industrial Development Authority, with closing expected by end of August 2026.
Contract Details
Contract Amount
$561,000.00
Vendor
LAPP, JOHN S. & MALINDA F.
Agency
Town of Lancaster, PA
Contract Type
FINANCIAL_SERVICES
Document Date
June 20, 2026
Contract Term
Loan closing by end of August 2026
Renewal Date
2026-08-31
Renewal Info
Closing expected by end of August 2026; loan is a one-time project-based financial agreement.
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