PPP Loan information for Black mountain insurance

$38,548

Black mountain insurance was initially approved for PPP Loan of amount $38,548, the current approved amount is $38,548. The loan was approved on 04/13/2020 by The Truist Bank reported 3 jobs and $38,548 was used to fund payroll.

Black mountain insurance is Existing or more than 2 years old

BLACK MOUNTAIN INSURANCE

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BLACK MOUNTAIN INSURANCE

Borrower Address

118 W STATE ST

Borrower City

BLACK MOUNTAIN

Borrower State

NC

Borrower Zip

28711-3419

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38548.00

Current Approval Amount

38548.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

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

28711-3419

CD

NC-11

Jobs Reported

3

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38548.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39018.07

Forgiveness Date

07/08/2021

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