PPP Loan information for Litex, inc.

$254,200

Litex, inc. was initially approved for PPP Loan of amount $254,200, the current approved amount is $254,200. The loan was approved on 05/06/2020 by The First Merchants Bank reported 21 jobs and $254,200 was used to fund payroll.

Litex, inc. is Existing or more than 2 years old

LITEX, INC.

Date Approved

05/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LITEX, INC.

Borrower Address

2774 PRODUCT DR

Borrower City

ROCHESTER HILLS

Borrower State

MI

Borrower Zip

48309-3809

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254200.00

Current Approval Amount

254200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-3809

CD

MI-10

Jobs Reported

21

NAICS Code

321911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

254200.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

257285.22

Forgiveness Date

07/29/2021

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