PPP Loan information for Light corp inc.

$1,343,922

Light corp inc. was initially approved for PPP Loan of amount $1,343,922, the current approved amount is $1,343,922. The loan was approved on 04/27/2020 by The Mercantile Bank reported 95 jobs and $1,343,922 was used to fund payroll.

Light corp inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND HAVEN / Light corp inc.

LIGHT CORP INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LIGHT CORP INC.

Borrower Address

14800 172ND AVE

Borrower City

GRAND HAVEN

Borrower State

MI

Borrower Zip

49417-8969

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1343922.00

Current Approval Amount

1343922.00

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

GRAND HAVEN

Project County Name

OTTAWA

Project State

MI

Project Zip

49417-8969

CD

MI-03

Jobs Reported

95

NAICS Code

335122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

1007941.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

137189.00

Debt Interest Proceed

148791.5

Business Type

Subchapter S Corporation

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

1355078.39

Forgiveness Date

02/26/2021

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