PPP Loan information for Lectrosonics inc.

$2,000,000

Lectrosonics inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/19/2021 by The New Mexico Bank & Trust reported 132 jobs and $2,000,000 was used to fund payroll.

Lectrosonics inc. is Existing or more than 2 years old

PPP Loan Search / NM / Rio Rancho / Lectrosonics inc.

LECTROSONICS INC.

Date Approved

02/19/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

LECTROSONICS INC.

Borrower Address

581 Laser Rd NE

Borrower City

Rio Rancho

Borrower State

NM

Borrower Zip

87124-4508

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122820

Servicing Lender Name

New Mexico Bank & Trust

Servicing Lender Address

320 Gold SW, Ste 100

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87102-3240

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rio Rancho

Project County Name

SANDOVAL

Project State

NM

Project Zip

87124-4508

CD

NM-01

Jobs Reported

132

NAICS Code

334310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

122820

Originating Lender

New Mexico Bank & Trust

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2013479.45

Forgiveness Date

11/01/2021

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