PPP Loan information for Lone cedar inc

$145,000

Lone cedar inc was initially approved for PPP Loan of amount $145,000, the current approved amount is $145,000. The loan was approved on 02/25/2021 by The Mountain America FCU reported 11 jobs and $145,000 was used to fund payroll.

Lone cedar inc is Existing or more than 2 years old

LONE CEDAR INC

Date Approved

02/25/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

LONE CEDAR INC

Borrower Address

418 E Main St Ste 18

Borrower City

Vernal

Borrower State

UT

Borrower Zip

84078-2645

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

145000.00

Current Approval Amount

145000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106925

Servicing Lender Name

Mountain America FCU

Servicing Lender Address

9800 S Monroe St

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4419

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vernal

Project County Name

UINTAH

Project State

UT

Project Zip

84078-2645

CD

UT-03

Jobs Reported

11

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

144996.00

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

106925

Originating Lender

Mountain America FCU

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

145873.97

Forgiveness Date

10/08/2021

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