LCDRIVES CORP

Summary of PPP (Paycheck Protection Program) Loan approved to LCDRIVES CORP by Northwest Community Bank. The loan was approved on 4/09/2020 in the range of $350,000-1 million.

Business Information

Name:

LCDRIVES CORP

67 MAIN ST
POTSDAM, NY 13676
Business type: Corporation
Electrical Equipment, Appliance, and Component Manufacturing
→ Motor and Generator Manufacturing
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 09, 2020
Lender Northwest Community Bank

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.