PPP Loan information for Lec inc.

$579,573

Lec inc. was initially approved for PPP Loan of amount $579,573, the current approved amount is $579,573. The loan was approved on 01/27/2021 by The Loan Source Incorporated reported 28 jobs and $579,573 was used to fund payroll.

Lec inc. is Existing or more than 2 years old

PPP Loan Search / MS / Pearl / Lec inc.

LEC INC.

Date Approved

01/27/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

LEC INC.

Borrower Address

110 Excell Dr

Borrower City

Pearl

Borrower State

MS

Borrower Zip

39208-6752

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

579573.42

Current Approval Amount

579573.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pearl

Project County Name

RANKIN

Project State

MS

Project Zip

39208-6752

CD

MS-03

Jobs Reported

28

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

579568.42

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

587338.12

Forgiveness Date

06/07/2022

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