PPP Loan information for Local speed, inc

$22,450

Local speed, inc was initially approved for PPP Loan of amount $22,450, the current approved amount is $22,450. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $22,450 was used to fund payroll.

Local speed, inc is New Business or 2 years or less

PPP Loan Search / DE / DELMAR / Local speed, inc

LOCAL SPEED, INC

Date Approved

05/01/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

LOCAL SPEED, INC

Borrower Address

31236 MEADOWVIEW SQ

Borrower City

DELMAR

Borrower State

DE

Borrower Zip

19940-3475

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22450.00

Current Approval Amount

22450.00

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

DELMAR

Project County Name

SUSSEX

Project State

DE

Project Zip

19940-3475

CD

DE-

Jobs Reported

8

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22450.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22650.51

Forgiveness Date

03/24/2021

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