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Lektron, Inc.

$252,400 PPP Loan in Hartselle, Alabama

Loan Details

Loan Number
5291477106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$252,400
Current Approval
$252,400
Forgiveness Amount
$254,700
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lektron, Inc.
Address
2106 Highway 31 NW
City
Hartselle
State
Alabama
ZIP Code
35640-4460
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$201,920
Rent
$25,240
Utilities
$25,240

Lender Information

Servicing Lender
Peoples Independent Bank
Originating Lender
Peoples Independent Bank

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