# PPP loan: LECTRODRYER, LLC
> **$696K** approved 04/03/2020 · Paid in Full · Loan `4541737002`
## Borrower
- **Name:** LECTRODRYER, LLC
- **Address:** 135 Quality Drive, RICHMOND, KY, 40475-9621
- **NAICS:** 332812
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $696K
- **Initial approval:** $696K
- **Forgiven:** $702K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $696K
- **Jobs reported:** 48
## 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*