# PPP loan: INLITE10 LLC
> **$325K** approved 04/09/2020 · Paid in Full · Loan `8930107003`
## Borrower
- **Name:** INLITE10 LLC
- **Address:** 7900 LOGISTICS DR Ste D, ZEELAND, MI, 49464-8361
- **NAICS:** 561330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $322K
- **Health care:** $3K
- **Jobs reported:** 22
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*