PPP Loan information for Inlite10 llc

$324,512

Inlite10 llc was initially approved for PPP Loan of amount $324,512, the current approved amount is $324,512. The loan was approved on 02/12/2021 by The Mercantile Bank reported 20 jobs and $324,512 was used to fund payroll.

Inlite10 llc is Existing or more than 2 years old

PPP Loan Search / MI / Portage / Inlite10 llc

INLITE10 LLC

Date Approved

02/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INLITE10 LLC

Borrower Address

4250 Commercial Ave

Borrower City

Portage

Borrower State

MI

Borrower Zip

49002

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

324512.00

Current Approval Amount

324512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portage

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002

CD

MI-06

Jobs Reported

20

NAICS Code

561320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

324512.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

326432.40

Forgiveness Date

09/21/2021

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