PPP Loan information for Black mountain home for children, youth, and families

$646,900

Black mountain home for children, youth, and families was initially approved for PPP Loan of amount $646,900, the current approved amount is $646,900. The loan was approved on 06/18/2020 by The Fifth Third Bank reported 57 jobs and $646,900 was used to fund payroll.

Black mountain home for children, youth, and families is Existing or more than 2 years old

BLACK MOUNTAIN HOME FOR CHILDREN, YOUTH, AND FAMILIES

Date Approved

06/18/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BLACK MOUNTAIN HOME FOR CHILDREN, YOUTH, AND FAMILIES

Borrower Address

80 LAKE EDEN RD

Borrower City

BLACK MOUNTAIN

Borrower State

NC

Borrower Zip

28711-8703

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

646900.00

Current Approval Amount

646900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLACK MOUNTAIN

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28711-8703

CD

NC-11

Jobs Reported

57

NAICS Code

624229

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

646900.00

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

Non-Profit Organization

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

651769.72

Forgiveness Date

03/24/2021

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