PPP Loan information for International light technologies, inc.

$552,100

International light technologies, inc. was initially approved for PPP Loan of amount $552,100, the current approved amount is $552,100. The loan was approved on 04/10/2020 by The Enterprise Bank and Trust Company reported 31 jobs and $552,100 was used to fund payroll.

International light technologies, inc. is Existing or more than 2 years old

INTERNATIONAL LIGHT TECHNOLOGIES, INC.

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INTERNATIONAL LIGHT TECHNOLOGIES, INC.

Borrower Address

10 TECHNOLOGY DR

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-7907

Loan Status Date

12/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

552100.00

Current Approval Amount

552100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-7907

CD

MA-06

Jobs Reported

31

NAICS Code

334516

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

465500.00

Mortgage Interest Proceed

0.00

Rent Proceed

31600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

555228.57

Forgiveness Date

11/12/2020

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