PPP Loan information for Lcl electronics inc

$194,691

Lcl electronics inc was initially approved for PPP Loan of amount $194,691, the current approved amount is $194,691. The loan was approved on 03/23/2021 by The BankVista reported 20 jobs and $194,691 was used to fund payroll.

Lcl electronics inc is Existing or more than 2 years old

LCL ELECTRONICS INC

Date Approved

03/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LCL ELECTRONICS INC

Borrower Address

8148 Industrial Park Rd

Borrower City

Baxter

Borrower State

MN

Borrower Zip

56425-8270

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194690.83

Current Approval Amount

194690.83

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124444

Servicing Lender Name

BankVista

Servicing Lender Address

125 Twin Rivers Ct

Servicing Lender City

SARTELL

Servicing Lender State

MN

Servicing Lender Zip

56377-2144

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baxter

Project County Name

CROW WING

Project State

MN

Project Zip

56425-8270

CD

MN-08

Jobs Reported

20

NAICS Code

334418

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

194690.83

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

Corporation

Originating Lender Location Id

124444

Originating Lender

BankVista

Originating Lender City

SARTELL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195128.22

Forgiveness Date

06/23/2021

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