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Lenco Electronics Inc.

$432,031 PPP Loan in Mchenry, Illinois

Loan Details

Loan Number
1953907204
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$432,031
Current Approval
$384,900
Forgiveness Amount
$321,140
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lenco Electronics Inc.
Address
1330 S, Belden St.
City
Mchenry
State
Illinois
ZIP Code
60050-8380
Business Type
Corporation
Industry (NAICS)
Manufacturing (334416)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$384,900

Lender Information

Servicing Lender
Byline Bank
Originating Lender
Byline Bank

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