PPP Loan information for Locos, inc.

$520,000

Locos, inc. was initially approved for PPP Loan of amount $520,000, the current approved amount is $520,000. The loan was approved on 04/27/2020 by The Truist Bank reported 117 jobs and $520,000 was used to fund payroll.

Locos, inc. is Existing or more than 2 years old

LOCOS, INC.

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

LOCOS, INC.

Borrower Address

290 Research Drive

Borrower City

Athens

Borrower State

GA

Borrower Zip

30605

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

520000.00

Current Approval Amount

520000.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Athens

Project County Name

CLARKE

Project State

GA

Project Zip

30605-0100

CD

GA-10

Jobs Reported

117

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

520000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

524347.78

Forgiveness Date

03/05/2021

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