PPP Loan information for The light inc

$52,777

The light inc was initially approved for PPP Loan of amount $52,777, the current approved amount is $52,777. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 12 jobs and $52,777 was used to fund payroll.

The light inc is New Business or 2 years or less

THE LIGHT INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE LIGHT INC

Borrower Address

345 CLIFTON AVE

Borrower City

CLIFTON

Borrower State

NJ

Borrower Zip

07011-2618

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52777.00

Current Approval Amount

52777.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CLIFTON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07011-2618

CD

NJ-09

Jobs Reported

12

NAICS Code

511199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52777.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53362.02

Forgiveness Date

06/17/2021

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