PPP Loan information for Lokar, inc.

$608,122

Lokar, inc. was initially approved for PPP Loan of amount $608,122, the current approved amount is $608,122. The loan was approved on 04/06/2020 by The Home Federal Bank of Tennessee reported 62 jobs and $608,122 was used to fund payroll.

Lokar, inc. is Existing or more than 2 years old

LOKAR, INC.

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LOKAR, INC.

Borrower Address

2545 Quality Lane

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37931-3133

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

608122.00

Current Approval Amount

608122.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82813

Servicing Lender Name

Home Federal Bank of Tennessee

Servicing Lender Address

515 Market St

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37902-2145

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37931-3133

CD

TN-03

Jobs Reported

62

NAICS Code

336211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

608122.00

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

82813

Originating Lender

Home Federal Bank of Tennessee

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

611601.81

Forgiveness Date

11/03/2020

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