PPP Loan information for Lodan electronics inc.

$339,613

Lodan electronics inc. was initially approved for PPP Loan of amount $339,613, the current approved amount is $339,613. The loan was approved on 01/29/2021 by The CIBC Bank USA reported 30 jobs and $339,613 was used to fund payroll.

Lodan electronics inc. is Existing or more than 2 years old

PPP Loan Search / IL / Arlington Heights / Lodan electronics inc.

LODAN ELECTRONICS INC.

Date Approved

01/29/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

LODAN ELECTRONICS INC.

Borrower Address

3311 N Kennicott Ave

Borrower City

Arlington Heights

Borrower State

IL

Borrower Zip

60004-1429

Loan Status Date

04/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

339612.50

Current Approval Amount

339612.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington Heights

Project County Name

COOK

Project State

IL

Project Zip

60004-1429

CD

IL-05

Jobs Reported

30

NAICS Code

334419

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

339612.50

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

343390.11

Forgiveness Date

03/23/2022

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