PPP Loan information for The local

$29,715

The local was initially approved for PPP Loan of amount $29,715, the current approved amount is $29,715. The loan was approved on 04/11/2020 by The United Cumberland Bank reported 9 jobs and $29,715 was used to fund payroll.

The local is Existing or more than 2 years old

PPP Loan Search / TN / LA FOLLETTE / The local

THE LOCAL

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

THE LOCAL

Borrower Address

2303 JACKSBORO PIKE

Borrower City

LA FOLLETTE

Borrower State

TN

Borrower Zip

37766-2906

Loan Status Date

03/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29715.00

Current Approval Amount

29715.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27983

Servicing Lender Name

United Cumberland Bank

Servicing Lender Address

47 S Main St

Servicing Lender City

WHITLEY CITY

Servicing Lender State

KY

Servicing Lender Zip

42653-6043

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LA FOLLETTE

Project County Name

CAMPBELL

Project State

TN

Project Zip

37766-2906

CD

TN-03

Jobs Reported

9

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

27715.00

Mortgage Interest Proceed

1000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

27983

Originating Lender

United Cumberland Bank

Originating Lender City

WHITLEY CITY

Originating Lender State

KY

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

19839.77

Forgiveness Date

12/08/2020

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