PPP Loan information for Shambhala mountain center

$289,000

Shambhala mountain center was initially approved for PPP Loan of amount $289,000, the current approved amount is $289,000. The loan was approved on 04/14/2020 by The Independent Bank reported 60 jobs and $289,000 was used to fund payroll.

Shambhala mountain center is Existing or more than 2 years old

SHAMBHALA MOUNTAIN CENTER

Date Approved

04/14/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

SHAMBHALA MOUNTAIN CENTER

Borrower Address

151 Shambhala Way

Borrower City

Red Feather Lakes

Borrower State

CO

Borrower Zip

80545-7400

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289000.00

Current Approval Amount

289000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Red Feather Lakes

Project County Name

LARIMER

Project State

CO

Project Zip

80545-7400

CD

CO-02

Jobs Reported

60

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36400.00

Payroll Proceed

247300.00

Mortgage Interest Proceed

0.00

Rent Proceed

5300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Professional Association

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

292885.44

Forgiveness Date

08/30/2021

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