PPP borrower record
LECTRONIX, INC. PPP loan record
Public SBA PPP loan record for LECTRONIX, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$525,500
Approved amount
$530,640
Forgiven amount
2020-04-08
Date approved
Borrower and loan details
Borrower
LECTRONIX, INC.
Loan number
7734797009
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Lansing
Borrower state
Michigan
Borrower ZIP
48911
Jobs reported
38
Loan status
Paid in Full
Forgiveness date
2021-04-08
Servicing lender
Mercantile Bank of Michigan
Originating lender
Mercantile Bank of Michigan
Reported use of proceeds
Payroll
$415,000
Rent
$38,150
Utilities
N/A
Mortgage interest
N/A
Health care
$56,350
Debt interest
$16,000
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.