PPP Loan information for Loca enterprises

$147,800

Loca enterprises was initially approved for PPP Loan of amount $147,800, the current approved amount is $147,800. The loan was approved on 01/23/2021 by The Salem Five Cents Savings Bank reported 12 jobs and $147,800 was used to fund payroll.

Loca enterprises is Existing or more than 2 years old

LOCA ENTERPRISES

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LOCA ENTERPRISES

Borrower Address

11 Canal St

Borrower City

Malden

Borrower State

MA

Borrower Zip

02148-5545

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

147800.00

Current Approval Amount

147800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Malden

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02148-5545

CD

MA-05

Jobs Reported

12

NAICS Code

562119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

147797.00

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

Subchapter S Corporation

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

148432.26

Forgiveness Date

06/30/2021

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