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 04/09/2020 by The Mercantile Bank reported 22 jobs and $324,512 was used to fund payroll.

Inlite10 llc is Existing or more than 2 years old

INLITE10 LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INLITE10 LLC

Borrower Address

7900 LOGISTICS DR Ste D

Borrower City

ZEELAND

Borrower State

MI

Borrower Zip

49464-8361

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZEELAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49464-8361

CD

MI-02

Jobs Reported

22

NAICS Code

561330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

321512.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3000.00

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

327241.46

Forgiveness Date

02/18/2021

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