PPP Loan information for Local folks inc

$32,875

Local folks inc was initially approved for PPP Loan of amount $32,875, the current approved amount is $32,875. The loan was approved on 02/18/2021 by The Community State Bank reported 12 jobs and $32,875 was used to fund payroll.

Local folks inc is Existing or more than 2 years old

LOCAL FOLKS INC

Date Approved

02/18/2021

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LOCAL FOLKS INC

Borrower Address

39601 60th St

Borrower City

Burlington

Borrower State

WI

Borrower Zip

53105-7502

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32875.00

Current Approval Amount

32875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76852

Servicing Lender Name

Community State Bank

Servicing Lender Address

1500 Main St

Servicing Lender City

UNION GROVE

Servicing Lender State

WI

Servicing Lender Zip

53182-1720

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

KENOSHA

Project State

WI

Project Zip

53105-7502

CD

WI-01

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32874.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

76852

Originating Lender

Community State Bank

Originating Lender City

UNION GROVE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32983.08

Forgiveness Date

06/23/2021

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