PPP Loan information for Lec inc.

$260,159

Lec inc. was initially approved for PPP Loan of amount $260,159, the current approved amount is $260,159. The loan was approved on 04/09/2020 by The First Interstate Bank reported 27 jobs and $260,159 was used to fund payroll.

Lec inc. is Existing or more than 2 years old

LEC INC.

Date Approved

04/09/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LEC INC.

Borrower Address

110 N Main

Borrower City

GETTYSBURG

Borrower State

SD

Borrower Zip

57442

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260159.00

Current Approval Amount

260159.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GETTYSBURG

Project County Name

POTTER

Project State

SD

Project Zip

57442-0001

CD

SD-

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260159.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

262482.61

Forgiveness Date

03/10/2021

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