# PPP loan: LECTRODRYER LLC
> **$696K** approved 02/04/2021 · Paid in Full · Loan `2812298404`
## Borrower
- **Name:** LECTRODRYER LLC
- **Address:** 135 Quality Dr, Richmond, KY, 40475-9621
- **NAICS:** 333318
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $696K
- **Initial approval:** $696K
- **Forgiven:** $701K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $696K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** Cumberland Valley National Bank & Trust Company
- **Servicing:** Cumberland Valley National Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*