PPP Loan information for Mountain lake inc

$401,500

Mountain lake inc was initially approved for PPP Loan of amount $401,500, the current approved amount is $401,500. The loan was approved on 04/13/2020 by The Southern Bancorp Bank reported 85 jobs and $401,500 was used to fund payroll.

Mountain lake inc is Existing or more than 2 years old

MOUNTAIN LAKE INC

Date Approved

04/13/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MOUNTAIN LAKE INC

Borrower Address

994 MOUNTAIN HARBOR RD

Borrower City

MOUNT IDA

Borrower State

AR

Borrower Zip

71957-8176

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

401500.00

Current Approval Amount

401500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT IDA

Project County Name

MONTGOMERY

Project State

AR

Project Zip

71957-8176

CD

AR-04

Jobs Reported

85

NAICS Code

713930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40150.00

Payroll Proceed

301125.00

Mortgage Interest Proceed

0.00

Rent Proceed

60225.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

406285.00

Forgiveness Date

06/24/2021

;