Lectrodryer LLC

$695,800 PPP Loan in Richmond, Kentucky

Loan Details

Loan Number
2812298404
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$695,800
Current Approval
$695,800
Forgiveness Amount
$700,806
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lectrodryer LLC
Address
135 Quality Dr
ZIP Code
40475-9621
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333318)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$12.3M
Rural/Urban
Rural
Congressional District
KY-06

Loan Use Breakdown

Payroll
$695,797
Utilities
$1

Lender Information

Servicing Lender
Cumberland Valley National Bank & Trust Company
Originating Lender
Cumberland Valley National Bank & Trust Company

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