PPP Loan information for L-tronics, inc.

$365,400

L-tronics, inc. was initially approved for PPP Loan of amount $365,400, the current approved amount is $365,400. The loan was approved on 04/16/2020 by The Citizens Bank, National Association reported 35 jobs and $365,400 was used to fund payroll.

L-tronics, inc. is Existing or more than 2 years old

L-TRONICS, INC.

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

L-TRONICS, INC.

Borrower Address

30 Clematis Avenue

Borrower City

Waltham

Borrower State

MA

Borrower Zip

02453

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

365400.00

Current Approval Amount

365400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waltham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02453-0054

CD

MA-05

Jobs Reported

35

NAICS Code

334418

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

365400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

368553.45

Forgiveness Date

03/05/2021

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