PPP Loan information for Local news network inc

$38,000

Local news network inc was initially approved for PPP Loan of amount $38,000, the current approved amount is $38,000. The loan was approved on 04/10/2020 by The Alpine Bank reported 6 jobs and $38,000 was used to fund payroll.

Local news network inc is New Business or 2 years or less

LOCAL NEWS NETWORK INC

Date Approved

04/10/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

LOCAL NEWS NETWORK INC

Borrower Address

67 Suttle Street, Suit B

Borrower City

DURANGO

Borrower State

CO

Borrower Zip

81303

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38000.00

Current Approval Amount

38000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15517

Servicing Lender Name

Alpine Bank

Servicing Lender Address

2200 Grand Ave

Servicing Lender City

GLENWOOD SPRINGS

Servicing Lender State

CO

Servicing Lender Zip

81601-4120

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DURANGO

Project County Name

LA PLATA

Project State

CO

Project Zip

81303-2300

CD

CO-03

Jobs Reported

6

NAICS Code

515120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38000.00

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

15517

Originating Lender

Alpine Bank

Originating Lender City

GLENWOOD SPRINGS

Originating Lender State

CO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

38273.81

Forgiveness Date

12/30/2020

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