PPP Loan information for Medlite inc

$95,378

Medlite inc was initially approved for PPP Loan of amount $95,378, the current approved amount is $95,378. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 12 jobs and $95,378 was used to fund payroll.

Medlite inc is New Business or 2 years or less

MEDLITE INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MEDLITE INC

Borrower Address

190 MOORE ST STE 101

Borrower City

HACKENSACK

Borrower State

NJ

Borrower Zip

07601-7418

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95378.00

Current Approval Amount

95378.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HACKENSACK

Project County Name

BERGEN

Project State

NJ

Project Zip

07601-7418

CD

NJ-05

Jobs Reported

12

NAICS Code

541219

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

95378.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96112.28

Forgiveness Date

02/10/2021

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