# PPP loan: LEIGHTNER ELECTRONIC, INC.
> **$197K** approved 05/01/2020 · Paid in Full · Loan `5395067705`
## Borrower
- **Name:** LEIGHTNER ELECTRONIC, INC.
- **Address:** 1501 S TENNESSEE ST, MCKINNEY, TX, 75069-7126
- **NAICS:** 334416
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*