# PPP loan: LCL ELECTRONICS, INC.
> **$163K** approved 04/10/2020 · Paid in Full · Loan `1893647108`
## Borrower
- **Name:** LCL ELECTRONICS, INC.
- **Address:** 8148 Industrial Park Road, BAXTER, MN, 56425-8270
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 18
## Lender
- **Originating:** BankVista
- **Servicing:** BankVista (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*