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
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

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