PPP Loan information for Lite electric incorporated

$168,093

Lite electric incorporated was initially approved for PPP Loan of amount $168,093, the current approved amount is $168,093. The loan was approved on 04/08/2020 by The Christian Financial CU reported 14 jobs and $168,093 was used to fund payroll.

Lite electric incorporated is Existing or more than 2 years old

PPP Loan Search / MI / MACOMB / Lite electric incorporated

LITE ELECTRIC INCORPORATED

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LITE ELECTRIC INCORPORATED

Borrower Address

51475 MILANO DR

Borrower City

MACOMB

Borrower State

MI

Borrower Zip

48042-4044

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

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

48042-4044

CD

MI-09

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14007.74

Payroll Proceed

126069.64

Mortgage Interest Proceed

14007.73

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14007.74

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

169598.78

Forgiveness Date

03/10/2021

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