PPP Loan information for The local restaurant of waltham llc

$398,650

The local restaurant of waltham llc was initially approved for PPP Loan of amount $398,650, the current approved amount is $398,650. The loan was approved on 04/14/2020 by The Needham Bank reported 43 jobs and $398,650 was used to fund payroll.

The local restaurant of waltham llc is New Business or 2 years or less

THE LOCAL RESTAURANT OF WALTHAM LLC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE LOCAL RESTAURANT OF WALTHAM LLC

Borrower Address

99 3RD AVE

Borrower City

WALTHAM

Borrower State

MA

Borrower Zip

02451-7573

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

398650.00

Current Approval Amount

398650.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WALTHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02451-7573

CD

MA-05

Jobs Reported

43

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

398650.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

403799.23

Forgiveness Date

08/23/2021

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