PPP Loan information for Envirolite, llc

$432,370

Envirolite, llc was initially approved for PPP Loan of amount $432,370, the current approved amount is $432,370. The loan was approved on 04/07/2020 by The Mercantile Bank reported 69 jobs and $432,370 was used to fund payroll.

Envirolite, llc is Existing or more than 2 years old

ENVIROLITE, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ENVIROLITE, LLC

Borrower Address

1700 W BIG BEAVER RD Suite 150

Borrower City

TROY

Borrower State

MI

Borrower Zip

48084-3503

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

432370.00

Current Approval Amount

432370.00

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

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-3503

CD

MI-11

Jobs Reported

69

NAICS Code

326150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3659.79

Payroll Proceed

345896.00

Mortgage Interest Proceed

4147.34

Rent Proceed

45057.34

Refinance EIDL Proceed

0.00

Health Care Proceed

23109.53

Debt Interest Proceed

10500

Business Type

Limited Liability Company(LLC)

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

436527.86

Forgiveness Date

03/31/2021

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