# PPP loan: LOC ASSOCIATES LLC
> **$322K** approved 01/23/2021 · Paid in Full · Loan `4979618307`
## Borrower
- **Name:** LOC ASSOCIATES LLC
- **Address:** 164 Highland Ave, Newton, MA, 02465-2510
- **NAICS:** 541618
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $324K (100%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $322K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** The Village Bank
- **Servicing:** The Village Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*