Laec Incorporated

$494,005 PPP Loan in Burbank, California

Loan Details

Loan Number
7250507105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$494,005
Current Approval
$494,005
Forgiveness Amount
$499,310
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Laec Incorporated
Address
480 W. Riverside Dr
ZIP Code
91506-3209
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (115210)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-30

Loan Use Breakdown

Payroll
$395,204
Rent
$55,254
Utilities
$43,548

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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