PPP Loan information for Lite electric

$168,093

Lite electric was initially approved for PPP Loan of amount $168,093, the current approved amount is $168,093. The loan was approved on 02/27/2021 by The Christian Financial CU reported 13 jobs and $168,093 was used to fund payroll.

Lite electric is Existing or more than 2 years old

PPP Loan Search / MI / Macomb / Lite electric

LITE ELECTRIC

Date Approved

02/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LITE ELECTRIC

Borrower Address

51475 Milano Dr

Borrower City

Macomb

Borrower State

MI

Borrower Zip

48042-4064

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

168092.85

Current Approval Amount

168092.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99368

Servicing Lender Name

Christian Financial CU

Servicing Lender Address

35100 Van Dyke Ave

Servicing Lender City

STERLING HEIGHTS

Servicing Lender State

MI

Servicing Lender Zip

48312-3553

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Macomb

Project County Name

MACOMB

Project State

MI

Project Zip

48042-4064

CD

MI-09

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

168090.85

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

99368

Originating Lender

Christian Financial CU

Originating Lender City

STERLING HEIGHTS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

169607.99

Forgiveness Date

02/01/2022

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