PPP Loan information for The locale llc

$584,867

The locale llc was initially approved for PPP Loan of amount $584,867, the current approved amount is $584,867. The loan was approved on 01/31/2021 by The Commercial Bank reported 191 jobs and $584,867 was used to fund payroll.

The locale llc is Existing or more than 2 years old

THE LOCALE LLC

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE LOCALE LLC

Borrower Address

555 Forest Ave

Borrower City

Plymouth

Borrower State

MI

Borrower Zip

48170-1721

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

584867.15

Current Approval Amount

584867.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

WAYNE

Project State

MI

Project Zip

48170-1721

CD

MI-06

Jobs Reported

191

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

584865.15

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

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

590603.66

Forgiveness Date

02/03/2022

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