PPP Loan information for Lektron, inc.

$252,400

Lektron, inc. was initially approved for PPP Loan of amount $252,400, the current approved amount is $252,400. The loan was approved on 04/13/2020 by The Peoples Independent Bank reported 19 jobs and $252,400 was used to fund payroll.

Lektron, inc. is Existing or more than 2 years old

PPP Loan Search / AL / HARTSELLE / Lektron, inc.

LEKTRON, INC.

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LEKTRON, INC.

Borrower Address

2106 HIGHWAY 31 NW

Borrower City

HARTSELLE

Borrower State

AL

Borrower Zip

35640-4460

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252400.00

Current Approval Amount

252400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112423

Servicing Lender Name

Peoples Independent Bank

Servicing Lender Address

121 Billy B Dyar Blvd

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARTSELLE

Project County Name

MORGAN

Project State

AL

Project Zip

35640-4460

CD

AL-05

Jobs Reported

19

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

25240.00

Payroll Proceed

201920.00

Mortgage Interest Proceed

0.00

Rent Proceed

25240.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112423

Originating Lender

Peoples Independent Bank

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

254699.64

Forgiveness Date

03/11/2021

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