PPP Loan information for Leightronix incorporated

$335,325

Leightronix incorporated was initially approved for PPP Loan of amount $335,325, the current approved amount is $335,325. The loan was approved on 04/08/2020 by The Mercantile Bank reported 23 jobs and $335,325 was used to fund payroll.

Leightronix incorporated is Existing or more than 2 years old

PPP Loan Search / MI / EAST LANSING / Leightronix incorporated

LEIGHTRONIX INCORPORATED

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LEIGHTRONIX INCORPORATED

Borrower Address

3737 Coolidge Road

Borrower City

EAST LANSING

Borrower State

MI

Borrower Zip

48823-8019

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

335325.00

Current Approval Amount

335325.00

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

EAST LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48823-8019

CD

MI-07

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

251500.00

Mortgage Interest Proceed

0.00

Rent Proceed

77825.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

338926.30

Forgiveness Date

05/12/2021

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