PPP Loan information for Lecom inc

$7,082,800

Lecom inc was initially approved for PPP Loan of amount $7,082,800, the current approved amount is $7,082,800. The loan was approved on 04/16/2020 by The Loan Source Incorporated reported 250 jobs and $7,082,800 was used to fund payroll.

Lecom inc is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Lecom inc

LECOM INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LECOM INC

Borrower Address

29377 Hoover Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48093

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7082800.00

Current Approval Amount

7082800.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48093-0899

CD

MI-10

Jobs Reported

250

NAICS Code

332510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7082800.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7163330.47

Forgiveness Date

06/11/2021

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