Lectrosonics Inc.
$2,000,000 PPP Loan in Rio Rancho, New Mexico
Loan Details
- Loan Number
- 1886098510
- Date Approved
- Feb 19, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,013,479
- Forgiveness Date
- Nov 1, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Lectrosonics Inc.
- Address
- 581 Laser Rd NE
- City
- Rio Rancho
- State
- New Mexico
- ZIP Code
- 87124-4508
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (334310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 132
- Estimated Revenue
- $34.6M
- Rural/Urban
- Urban
- Congressional District
- NM-01
Loan Use Breakdown
- Payroll
- $2,000,000
Lender Information
- Servicing Lender
- Htlf Bank
- Originating Lender
- New Mexico Bank and Trust, a Division of Htlf Bank
Other PPP Loans in Rio Rancho, NM
| Business | Approved | |
|---|---|---|
| Garza Enterprises, Inc. | $2,356,635 |  Research |
| Lectrosonics, Inc. | $2,230,800 | Research |
| S&p Data New Mexico LLC | $1,995,200 | Research |
| Alvin Corporation LLC | $1,951,300 | Research |
| Insight Lighting INC | $1,545,900 | Research |
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