PPP Loan information for Lectrodryer llc

$695,800

Lectrodryer llc was initially approved for PPP Loan of amount $695,800, the current approved amount is $695,800. The loan was approved on 02/04/2021 by The Cumberland Valley National Bank & Trust Company reported 47 jobs and $695,800 was used to fund payroll.

Lectrodryer llc is Existing or more than 2 years old

PPP Loan Search / KY / Richmond / Lectrodryer llc

LECTRODRYER LLC

Date Approved

02/04/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

LECTRODRYER LLC

Borrower Address

135 Quality Dr

Borrower City

Richmond

Borrower State

KY

Borrower Zip

40475-9621

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

695800.00

Current Approval Amount

695800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27235

Servicing Lender Name

Cumberland Valley National Bank & Trust Company

Servicing Lender Address

1112 Hwy 490

Servicing Lender City

EAST BERNSTADT

Servicing Lender State

KY

Servicing Lender Zip

40729

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

MADISON

Project State

KY

Project Zip

40475-9621

CD

KY-06

Jobs Reported

47

NAICS Code

333318

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

695797.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

27235

Originating Lender

Cumberland Valley National Bank & Trust Company

Originating Lender City

EAST BERNSTADT

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

700805.89

Forgiveness Date

10/25/2021

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