Lai, Ltd.

$212,500 PPP Loan in Rolling Meadows, Illinois

Loan Details

Loan Number
8379637006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$212,500
Current Approval
$212,500
Forgiveness Amount
$214,956
Forgiveness Date
Jun 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lai, Ltd.
Address
5400 Newport Dr
ZIP Code
60008-3719
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423860)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$159,375
Utilities
$21,250
Mortgage Interest
$31,875

Lender Information

Servicing Lender
Village Bank and Trust, National Association
Originating Lender
Village Bank and Trust, National Association

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