# PPP loan: LED TRANQUILITY INC.
> **$416K** approved 02/02/2021 · Charged Off · Loan `1936068402`
## Borrower
- **Name:** LED TRANQUILITY INC.
- **Address:** 450 Bunker Ct, Vernon Hills, IL, 60061-1880
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Status:** Charged Off
- **Term:** 38 months
## Use of funds
- **Payroll:** $416K
- **Utilities:** $1
- **Jobs reported:** 65
## Lender
- **Originating:** Solutions Bank
- **Servicing:** Solutions Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*