PPP Loan information for Leading technology composites asd inc

$1,075,000

Leading technology composites asd inc was initially approved for PPP Loan of amount $1,075,000, the current approved amount is $1,075,000. The loan was approved on 04/05/2020 by The Commerce Bank reported 158 jobs and $1,075,000 was used to fund payroll.

Leading technology composites asd inc is New Business or 2 years or less

LEADING TECHNOLOGY COMPOSITES ASD INC

Date Approved

04/05/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

LEADING TECHNOLOGY COMPOSITES ASD INC

Borrower Address

2700 South Custer

Borrower City

WICHITA

Borrower State

KS

Borrower Zip

67217

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1075000.00

Current Approval Amount

1075000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WICHITA

Project County Name

SEDGWICK

Project State

KS

Project Zip

67217-0001

CD

KS-04

Jobs Reported

158

NAICS Code

336999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1075000.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1082017.36

Forgiveness Date

12/07/2020

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