PPP Loan information for Southmountain children and family services

$701,229

Southmountain children and family services was initially approved for PPP Loan of amount $742,900, the current approved amount is $701,229. The loan was approved on 05/06/2020 by The LendingClub Bank, National Association reported 47 jobs and $701,229 was used to fund payroll.

Southmountain children and family services is Existing or more than 2 years old

SOUTHMOUNTAIN CHILDREN AND FAMILY SERVICES

Date Approved

05/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHMOUNTAIN CHILDREN AND FAMILY SERVICES

Borrower Address

110 West Union St. Suite B

Borrower City

MORGANTON

Borrower State

NC

Borrower Zip

28655

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

742900.00

Current Approval Amount

701229.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORGANTON

Project County Name

BURKE

Project State

NC

Project Zip

28655-3460

CD

NC-10

Jobs Reported

47

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

701229.00

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

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

707053.10

Forgiveness Date

03/23/2021

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