PPP Loan information for South mountain pulpwood company inc

$52,480

South mountain pulpwood company inc was initially approved for PPP Loan of amount $52,480, the current approved amount is $52,480. The loan was approved on 04/24/2021 by The Wells Fargo Bank, National Association reported 6 jobs and $52,480 was used to fund payroll.

South mountain pulpwood company inc is Existing or more than 2 years old

PPP Loan Search / NC / Shelby / South mountain pulpwood company inc

SOUTH MOUNTAIN PULPWOOD COMPANY INC

Date Approved

04/24/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SOUTH MOUNTAIN PULPWOOD COMPANY INC

Borrower Address

1020 New House Rd

Borrower City

Shelby

Borrower State

NC

Borrower Zip

28150-7740

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52480.00

Current Approval Amount

52480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shelby

Project County Name

CLEVELAND

Project State

NC

Project Zip

28150-7740

CD

NC-10

Jobs Reported

6

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52476.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

52792.00

Forgiveness Date

12/01/2021

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