PPP Loan information for Locri llc

$86,000

Locri llc was initially approved for PPP Loan of amount $86,000, the current approved amount is $86,000. The loan was approved on 04/29/2020 by The 1st Source Bank reported 28 jobs and $86,000 was used to fund payroll.

Locri llc is Existing or more than 2 years old

LOCRI LLC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOCRI LLC

Borrower Address

510 Front Street

Borrower City

Niles

Borrower State

MI

Borrower Zip

49120

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86000.00

Current Approval Amount

86000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Niles

Project County Name

BERRIEN

Project State

MI

Project Zip

49120-0001

CD

MI-06

Jobs Reported

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86000.00

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

Limited Liability Partnership

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86480.17

Forgiveness Date

11/25/2020

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