PPP Loan information for The local mercantile, llc

$3,000

The local mercantile, llc was initially approved for PPP Loan of amount $3,000, the current approved amount is $3,000. The loan was approved on 04/09/2020 by The The First Bank and Trust Company reported 3 jobs and $3,000 was used to fund payroll.

The local mercantile, llc is New Business or 2 years or less

THE LOCAL MERCANTILE, LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE LOCAL MERCANTILE, LLC

Borrower Address

56 W MAIN ST

Borrower City

LEBANON

Borrower State

VA

Borrower Zip

24266-7007

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3000.00

Current Approval Amount

3000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LEBANON

Project County Name

RUSSELL

Project State

VA

Project Zip

24266-7007

CD

VA-09

Jobs Reported

3

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3000.00

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 Company(LLC)

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3024.17

Forgiveness Date

02/16/2021

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