PPP Loan information for Local motion inc.

$136,448

Local motion inc. was initially approved for PPP Loan of amount $136,448, the current approved amount is $136,448. The loan was approved on 04/06/2020 by The Vermont FCU reported 11 jobs and $136,448 was used to fund payroll.

Local motion inc. is Existing or more than 2 years old

LOCAL MOTION INC.

Date Approved

04/06/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

LOCAL MOTION INC.

Borrower Address

1 Steele St Ste 103

Borrower City

BURLINGTON

Borrower State

VT

Borrower Zip

05401-6203

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136447.50

Current Approval Amount

136447.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107042

Servicing Lender Name

Vermont FCU

Servicing Lender Address

84 Pine St

Servicing Lender City

BURLINGTON

Servicing Lender State

VT

Servicing Lender Zip

05401-4441

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05401-6203

CD

VT-

Jobs Reported

11

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

136447.50

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

107042

Originating Lender

Vermont FCU

Originating Lender City

BURLINGTON

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127317.04

Forgiveness Date

12/28/2020

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