PPP Loan information for Local roots cafe, llc

$153,683

Local roots cafe, llc was initially approved for PPP Loan of amount $153,683, the current approved amount is $153,683. The loan was approved on 04/28/2020 by The Pinnacle Bank reported 33 jobs and $153,683 was used to fund payroll.

Local roots cafe, llc is New Business or 2 years or less

LOCAL ROOTS CAFE, LLC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LOCAL ROOTS CAFE, LLC

Borrower Address

1314 GRANDIN ROAD SW

Borrower City

ROANOKE

Borrower State

VA

Borrower Zip

24015

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153682.50

Current Approval Amount

153682.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROANOKE

Project County Name

ROANOKE CITY

Project State

VA

Project Zip

24015-0001

CD

VA-06

Jobs Reported

33

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

153682.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154469.86

Forgiveness Date

11/03/2020

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