PPP Loan information for Local bounti corporation

$104,300

Local bounti corporation was initially approved for PPP Loan of amount $104,300, the current approved amount is $104,300. The loan was approved on 04/11/2020 by The Idaho First Bank reported 6 jobs and $104,300 was used to fund payroll.

Local bounti corporation is New Business or 2 years or less

PPP Loan Search / MT / HAMILTON / Local bounti corporation

LOCAL BOUNTI CORPORATION

Date Approved

04/11/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

LOCAL BOUNTI CORPORATION

Borrower Address

220 W MAIN ST

Borrower City

HAMILTON

Borrower State

MT

Borrower Zip

59840-2552

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104300.00

Current Approval Amount

104300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436276

Servicing Lender Name

Idaho First Bank

Servicing Lender Address

475 E Deinhard Ln

Servicing Lender City

MCCALL

Servicing Lender State

ID

Servicing Lender Zip

83638-4800

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HAMILTON

Project County Name

RAVALLI

Project State

MT

Project Zip

59840-2552

CD

MT-01

Jobs Reported

6

NAICS Code

111419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104300.00

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

Corporation

Originating Lender Location Id

436276

Originating Lender

Idaho First Bank

Originating Lender City

MCCALL

Originating Lender State

ID

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105477.30

Forgiveness Date

06/02/2021

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