PPP Loan information for The local boy, inc.

$18,837

The local boy, inc. was initially approved for PPP Loan of amount $18,837, the current approved amount is $18,837. The loan was approved on 05/29/2020 by The Deerwood Bank reported 3 jobs and $18,837 was used to fund payroll.

The local boy, inc. is Unanswered

THE LOCAL BOY, INC.

Date Approved

05/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE LOCAL BOY, INC.

Borrower Address

P.O. Box 765

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18837.00

Current Approval Amount

18837.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-0001

CD

MN-08

Jobs Reported

3

NAICS Code

562111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18837.00

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

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19047.87

Forgiveness Date

07/07/2021

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