PPP Loan information for Mountain energy resources inc.

$50,580

Mountain energy resources inc. was initially approved for PPP Loan of amount $50,580, the current approved amount is $50,580. The loan was approved on 02/02/2021 by The The First Bank and Trust Company reported 4 jobs and $50,580 was used to fund payroll.

Mountain energy resources inc. is Existing or more than 2 years old

PPP Loan Search / VA / Norton / Mountain energy resources inc.

MOUNTAIN ENERGY RESOURCES INC.

Date Approved

02/02/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MOUNTAIN ENERGY RESOURCES INC.

Borrower Address

150 Coeburn Ave SW

Borrower City

Norton

Borrower State

VA

Borrower Zip

24273-2600

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50580.00

Current Approval Amount

50580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norton

Project County Name

NORTON CITY

Project State

VA

Project Zip

24273-2600

CD

VA-09

Jobs Reported

4

NAICS Code

454310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

50579.00

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

Subchapter S Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50868.03

Forgiveness Date

08/31/2021

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