# PPP loan: I-LIGHT USA INC
> **$160K** approved 05/01/2020 · Paid in Full · Loan `6228397707`
## Borrower
- **Name:** I-LIGHT USA INC
- **Address:** 1011 ROUTE 22 STE D, MOUNTAINSIDE, NJ, 07092-2803
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $160K
- **Initial approval:** $125K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 11/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 7
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*