PPP Loan information for The local spot inc.

$70,457

The local spot inc. was initially approved for PPP Loan of amount $85,457, the current approved amount is $70,457. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 16 jobs and $70,457 was used to fund payroll.

The local spot inc. is Existing or more than 2 years old

THE LOCAL SPOT INC.

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

THE LOCAL SPOT INC.

Borrower Address

6200B E PACIFIC COAST HWY

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90803

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85457.00

Current Approval Amount

70457.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90803-0001

CD

CA-42

Jobs Reported

16

NAICS Code

813930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4457.00

Payroll Proceed

44000.00

Mortgage Interest Proceed

4000.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2000

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71366.13

Forgiveness Date

08/19/2021

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