PPP Loan information for Local knit inc.

$40,069

Local knit inc. was initially approved for PPP Loan of amount $40,069, the current approved amount is $40,069. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $40,069 was used to fund payroll.

Local knit inc. is New Business or 2 years or less

PPP Loan Search / MA / BROOKLINE / Local knit inc.

LOCAL KNIT INC.

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOCAL KNIT INC.

Borrower Address

1100 BEACON ST APT 3D

Borrower City

BROOKLINE

Borrower State

MA

Borrower Zip

02446-3972

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40069.00

Current Approval Amount

40069.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BROOKLINE

Project County Name

NORFOLK

Project State

MA

Project Zip

02446-3972

CD

MA-04

Jobs Reported

5

NAICS Code

448120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40069.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40397.24

Forgiveness Date

02/25/2021

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