Lite Electric Incorporated
$168,093 PPP Loan in Macomb, Michigan
Loan Details
- Loan Number
- 8222647000
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $168,093
- Current Approval
- $168,093
- Forgiveness Amount
- $169,599
- Forgiveness Date
- Mar 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lite Electric Incorporated
- Address
- 51475 Milano Dr
- City
- Macomb
- State
- Michigan
- ZIP Code
- 48042-4044
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $126,070
- Utilities
- $14,008
- Health Care
- $14,008
- Mortgage Interest
- $14,008
Lender Information
- Servicing Lender
- Christian Financial Cu
- Originating Lender
- Christian Financial Cu
Other PPP Loans in Macomb, MI
| Business | Approved | |
|---|---|---|
| Pti Engineered Plastics, Inc. | $4,597,700 | |
| Colasanti Construction Services INC | $2,355,000 | |
| Michigan Production Machining, Inc. | $2,155,700 | |
| Pti Engineered Plastics Inc. | $2,000,000 | |
| Michigan Production Machining INC | $2,000,000 |
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