PPP Loan information for Lectrosonics, inc.
$2,230,800
Lectrosonics, inc. was initially approved for PPP Loan of amount $2,230,800, the current approved amount is $2,230,800. The loan was approved on 04/15/2020 by The New Mexico Bank & Trust reported 148 jobs and $2,230,800 was used to fund payroll.
Lectrosonics, inc. is Existing or more than 2 years old
LECTROSONICS, INC.
Date Approved
04/15/2020
SBA Office Code
0682
Processing Method
PPP
Borrower Name
LECTROSONICS, INC.
Borrower Address
581 LASER RD NE
Borrower City
RIO RANCHO
Borrower State
NM
Borrower Zip
87144
Loan Status Date
07/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
2230800.00
Current Approval Amount
2230800.00
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
87144-0500
CD
NM-01
Jobs Reported
148
NAICS Code
334310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
2230800.00
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
2256347.24
Forgiveness Date
06/11/2021