LECTROSONICS, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to LECTROSONICS, INC. by New Mexico Bank & Trust. The loan was approved on 4/15/2020 in the range of $2-5 million.

Business Information

Name:	LECTROSONICS, INC. 581 LASER RD NE RIO RANCHO, NM 87144
Business type:	Subchapter S Corporation Computer and Electronic Product Manufacturing → Audio and Video Equipment Manufacturing
Non-profit:	No
Loan amount:	$2-5 million (50 Jobs retained)
Date approved:	April 15, 2020
Lender	New Mexico Bank & Trust

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.