PPP Loan information for Locals 8 llc

$797,900

Locals 8 llc was initially approved for PPP Loan of amount $851,700, the current approved amount is $797,900. The loan was approved on 01/25/2021 by The Newtek Small Business Finance, Inc. reported 47 jobs and $797,900 was used to fund payroll.

Locals 8 llc is Existing or more than 2 years old

LOCALS 8 LLC

Date Approved

01/25/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

LOCALS 8 LLC

Borrower Address

484 Farmington Ave

Borrower City

Hartford

Borrower State

CT

Borrower Zip

06105-3106

Loan Status Date

01/11/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

851700.00

Current Approval Amount

797900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hartford

Project County Name

HARTFORD

Project State

CT

Project Zip

06105-3106

CD

CT-01

Jobs Reported

47

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

797900.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

810156.63

Forgiveness Date

12/14/2022

;