PPP Loan information for Mountain energy resources, inc.

$42,900

Mountain energy resources, inc. was initially approved for PPP Loan of amount $42,900, the current approved amount is $42,900. The loan was approved on 04/28/2020 by The The First Bank and Trust Company reported 6 jobs and $42,900 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

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MOUNTAIN ENERGY RESOURCES, INC.

Borrower Address

150 COEBURN AVE

Borrower City

NORTON

Borrower State

VA

Borrower Zip

24273-2600

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42900.00

Current Approval Amount

42900.00

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

N

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

6

NAICS Code

484220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42900.00

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

43249.16

Forgiveness Date

02/23/2021

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