PPP Loan information for Local market, inc.

$259,500

Local market, inc. was initially approved for PPP Loan of amount $259,492, the current approved amount is $259,500. The loan was approved on 04/14/2020 by The Truist Bank reported 66 jobs and $259,500 was used to fund payroll.

Local market, inc. is Existing or more than 2 years old

PPP Loan Search / NC / GASTONIA / Local market, inc.

LOCAL MARKET, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LOCAL MARKET, INC.

Borrower Address

1627 SPENCER MOUNTAIN RD

Borrower City

GASTONIA

Borrower State

NC

Borrower Zip

28054-9002

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259492.00

Current Approval Amount

259500.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GASTONIA

Project County Name

GASTON

Project State

NC

Project Zip

28054-9002

CD

NC-14

Jobs Reported

66

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

259500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260898.42

Forgiveness Date

11/03/2020

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