Lodan Electronics, Inc.

$398,896 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
5303217205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$398,896
Current Approval
$319,461
Forgiveness Amount
$321,032
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lodan Electronics, Inc.
Address
3311 North Kennicott Avenue
ZIP Code
60004
Business Type
Corporation
Industry (NAICS)
Manufacturing (334419)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$319,461

Lender Information

Servicing Lender
Byline Bank
Originating Lender
Byline Bank

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