Litelab Corporation

$1,132,000 PPP Loan in Buffalo, New York

Loan Details

Loan Number
9145857102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,132,000
Current Approval
$1,132,000
Forgiveness Amount
$1,139,536
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Litelab Corporation
Address
251 Elm Street
ZIP Code
14203
Business Type
Corporation
Industry (NAICS)
Manufacturing (335122)
Business Age
Existing or more than 2 years old
Jobs Reported
119
Estimated Revenue
$31.2M
Rural/Urban
Urban
Congressional District
NY-26

Loan Use Breakdown

Payroll
$889,259
Rent
$50,280
Utilities
$32,385
Health Care
$139,254
Debt Interest
$20,822

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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