# PPP loan: TRAVEL LITE INC.
> **$925K** approved 02/18/2021 · Paid in Full · Loan `1201748502`
## Borrower
- **Name:** TRAVEL LITE INC.
- **Address:** 111 E Innovation Blvd, Syracuse, IN, 46567-0016
- **NAICS:** 336214
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $925K
- **Initial approval:** $925K
- **Forgiven:** $933K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $925K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*