PPP Loan information for Lectronics, inc.

$163,000

Lectronics, inc. was initially approved for PPP Loan of amount $163,000, the current approved amount is $163,000. The loan was approved on 04/10/2020 by The The Clinton National Bank reported 14 jobs and $163,000 was used to fund payroll.

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

PPP Loan Search / IA / CLINTON / Lectronics, inc.

LECTRONICS, INC.

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LECTRONICS, INC.

Borrower Address

522 N 2ND ST

Borrower City

CLINTON

Borrower State

IA

Borrower Zip

52732-4027

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163000.00

Current Approval Amount

163000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24778

Servicing Lender Name

The Clinton National Bank

Servicing Lender Address

235 6th Ave S

Servicing Lender City

CLINTON

Servicing Lender State

IA

Servicing Lender Zip

52732-4305

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

CLINTON

Project State

IA

Project Zip

52732-4027

CD

IA-01

Jobs Reported

14

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40750.00

Payroll Proceed

122250.00

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

Corporation

Originating Lender Location Id

24778

Originating Lender

The Clinton National Bank

Originating Lender City

CLINTON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

165036.38

Forgiveness Date

07/21/2021

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