PPP Loan information for Locust health solutions, llc

$507,921

Locust health solutions, llc was initially approved for PPP Loan of amount $507,921, the current approved amount is $507,921. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 32 jobs and $507,921 was used to fund payroll.

Locust health solutions, llc is Existing or more than 2 years old

LOCUST HEALTH SOLUTIONS, LLC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

LOCUST HEALTH SOLUTIONS, LLC

Borrower Address

2008 Hillyer Pl NW

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20009

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

507921.00

Current Approval Amount

507921.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20009-0239

CD

DC-

Jobs Reported

32

NAICS Code

541870

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

126980.25

Payroll Proceed

380940.75

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

513709.91

Forgiveness Date

06/15/2021

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