PPP Loan information for Momentum 24-7

$33,799

Momentum 24-7 was initially approved for PPP Loan of amount $33,799, the current approved amount is $33,799. The loan was approved on 07/31/2020 by The First Southwest Bank reported 2 jobs and $33,799 was used to fund payroll.

Momentum 24-7 is Existing or more than 2 years old

MOMENTUM 24-7

Date Approved

07/31/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MOMENTUM 24-7

Borrower Address

428 Wolverine DR

Borrower City

Bayfield

Borrower State

CO

Borrower Zip

81122-9600

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

33798.75

Current Approval Amount

33798.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378609

Servicing Lender Name

First Southwest Bank

Servicing Lender Address

720 Main St

Servicing Lender City

ALAMOSA

Servicing Lender State

CO

Servicing Lender Zip

81101-2540

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bayfield

Project County Name

LA PLATA

Project State

CO

Project Zip

81122-9600

CD

CO-03

Jobs Reported

2

NAICS Code

713940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

23798.75

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

5000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

378609

Originating Lender

First Southwest Bank

Originating Lender City

ALAMOSA

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34063.58

Forgiveness Date

05/20/2021

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