PPP Loan information for Locus robotics corp

$1,633,195

Locus robotics corp was initially approved for PPP Loan of amount $1,633,194, the current approved amount is $1,633,195. The loan was approved on 04/07/2020 by The Eastern Bank reported 99 jobs and $1,633,195 was used to fund payroll.

Locus robotics corp is Existing or more than 2 years old

LOCUS ROBOTICS CORP

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOCUS ROBOTICS CORP

Borrower Address

301 BALLARDVALE ST Suite 2

Borrower City

WILMINGTON

Borrower State

MA

Borrower Zip

01887-1014

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1633194.00

Current Approval Amount

1633194.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-1014

CD

MA-06

Jobs Reported

99

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1633194.57

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1655288.06

Forgiveness Date

08/17/2021

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