PPP Loan information for Local grounds

$5,523

Local grounds was initially approved for PPP Loan of amount $5,523, the current approved amount is $5,523. The loan was approved on 05/01/2020 by The Square Capital, LLC reported 3 jobs and $5,523 was used to fund payroll.

Local grounds is New Business or 2 years or less

LOCAL GROUNDS

Date Approved

05/01/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

LOCAL GROUNDS

Borrower Address

4970 N Tongass

Borrower City

Ketchikan

Borrower State

AK

Borrower Zip

99901

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5522.60

Current Approval Amount

5522.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Ketchikan

Project County Name

KETCHIKAN GATEWAY

Project State

AK

Project Zip

99901-0001

CD

AK-

Jobs Reported

3

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

690.32

Payroll Proceed

4141.95

Mortgage Interest Proceed

690.33

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5568.45

Forgiveness Date

03/02/2021

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