PPP Loan information for Local inc.

$82,569

Local inc. was initially approved for PPP Loan of amount $82,569, the current approved amount is $82,569. The loan was approved on 03/20/2021 by The Truist Bank reported 15 jobs and $82,569 was used to fund payroll.

Local inc. is Existing or more than 2 years old

LOCAL INC.

Date Approved

03/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

LOCAL INC.

Borrower Address

1941 Hoffman Rd Ste 1

Borrower City

Gastonia

Borrower State

NC

Borrower Zip

28054-7524

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82569.00

Current Approval Amount

82569.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gastonia

Project County Name

GASTON

Project State

NC

Project Zip

28054-7524

CD

NC-14

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

82566.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83594.23

Forgiveness Date

06/14/2022

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