Local Credit Tech

$62,500 PPP Loan in Port Lavaca, Texas

Loan Details

Loan Number
3064327402
Date Approved
May 6, 2020
Loan Status
Charged Off
Initial Approval
$62,500
Current Approval
$62,500
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
29 months
Draw
First Draw

Business Information

Business Name
Local Credit Tech
Address
535 West Main Street
State
Texas
ZIP Code
77979
Business Type
Partnership
Industry (NAICS)
Finance and Insurance (522130)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-27

Loan Use Breakdown

Payroll
$62,500

Lender Information

Servicing Lender
Lendistry-Federal Reserve (mbe) Contract
Originating Lender
Mbe Capital Partners

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