Lectron, LLC

$250,000 PPP Loan in Hawkins, Texas

Loan Details

Loan Number
4232847203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$250,000
Current Approval
$250,000
Forgiveness Amount
$251,565
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lectron, LLC
Address
2900 County Road 3419
State
Texas
ZIP Code
75765
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333618)
Business Age
New Business or 2 years or less
Jobs Reported
23
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
TX-05

Loan Use Breakdown

Payroll
$200,000
Rent
$8,000
Utilities
$1,000
Health Care
$16,000
Debt Interest
$25,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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