PPP Loan information for Loc associates llc

$322,285

Loc associates llc was initially approved for PPP Loan of amount $322,285, the current approved amount is $322,285. The loan was approved on 01/23/2021 by The The Village Bank reported 17 jobs and $322,285 was used to fund payroll.

Loc associates llc is Existing or more than 2 years old

PPP Loan Search / MA / Newton / Loc associates llc

LOC ASSOCIATES LLC

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LOC ASSOCIATES LLC

Borrower Address

164 Highland Ave

Borrower City

Newton

Borrower State

MA

Borrower Zip

02465-2510

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

322285.00

Current Approval Amount

322285.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89088

Servicing Lender Name

The Village Bank

Servicing Lender Address

307 Auburn St

Servicing Lender City

AUBURNDALE

Servicing Lender State

MA

Servicing Lender Zip

02466-1902

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02465-2510

CD

MA-04

Jobs Reported

17

NAICS Code

541618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

322283.00

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

89088

Originating Lender

The Village Bank

Originating Lender City

AUBURNDALE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

323715.42

Forgiveness Date

07/26/2021

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