PPP Loan information for Localtech inc.

$20,400

Localtech inc. was initially approved for PPP Loan of amount $20,400, the current approved amount is $20,400. The loan was approved on 04/28/2020 by The Martha's Vineyard Bank reported 2 jobs and $20,400 was used to fund payroll.

Localtech inc. is Existing or more than 2 years old

LOCALTECH INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOCALTECH INC.

Borrower Address

139 Route 6A

Borrower City

Orleans

Borrower State

MA

Borrower Zip

02653

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20400.00

Current Approval Amount

20400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32770

Servicing Lender Name

Martha's Vineyard Bank

Servicing Lender Address

78 Main St

Servicing Lender City

EDGARTOWN

Servicing Lender State

MA

Servicing Lender Zip

02539

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orleans

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02653-0001

CD

MA-09

Jobs Reported

2

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20400.00

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

32770

Originating Lender

Martha's Vineyard Bank

Originating Lender City

EDGARTOWN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20626.36

Forgiveness Date

06/17/2021

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