PPP Loan information for Loco, llc

$81,575

Loco, llc was initially approved for PPP Loan of amount $81,575, the current approved amount is $81,575. The loan was approved on 04/05/2020 by The Park State Bank reported 15 jobs and $81,575 was used to fund payroll.

Loco, llc is New Business or 2 years or less

LOCO, LLC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LOCO, LLC

Borrower Address

21431 141st Ave N

Borrower City

ROGERS

Borrower State

MN

Borrower Zip

55374-4583

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81575.00

Current Approval Amount

81575.00

Undisbursed Amount

0.00

Franchise Name

Broadway Pizza

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROGERS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55374-4583

CD

MN-03

Jobs Reported

15

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

814.00

Payroll Proceed

79000.00

Mortgage Interest Proceed

1761.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

82310.29

Forgiveness Date

03/11/2021

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