Lectrodryer, LLC

$695,800 PPP Loan in Richmond, Kentucky

Loan Details

Loan Number
4541737002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$695,800
Current Approval
$695,800
Forgiveness Amount
$702,024
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lectrodryer, LLC
Address
135 Quality Drive
ZIP Code
40475-9621
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332812)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$11.7M
Rural/Urban
Rural
Congressional District
KY-06

Loan Use Breakdown

Payroll
$695,800

Lender Information

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

Other PPP Loans in Richmond, KY

BusinessApproved
Health Help, INC$3,056,300NewBizBotAI Deep Dive
Qualex Machining$1,698,300NewBizBotAI Deep Dive
Kentucky River Foothills Development Council, Incorporated$1,593,100NewBizBotAI Deep Dive
Martin Contracting INC$1,414,400NewBizBotAI Deep Dive
American Health Management$1,406,900NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free