PPP Loan information for Lightning litho inc

$202,307

Lightning litho inc was initially approved for PPP Loan of amount $202,307, the current approved amount is $202,307. The loan was approved on 04/08/2020 by The Mercantile Bank reported 12 jobs and $202,307 was used to fund payroll.

Lightning litho inc is Existing or more than 2 years old

LIGHTNING LITHO INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LIGHTNING LITHO INC

Borrower Address

5731 ENTERPRISE DR

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48911-4106

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202307.00

Current Approval Amount

202307.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48911-4106

CD

MI-07

Jobs Reported

12

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9465.00

Payroll Proceed

161846.00

Mortgage Interest Proceed

0.00

Rent Proceed

19800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4396.00

Debt Interest Proceed

6800

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

199675.12

Forgiveness Date

03/09/2021

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