PPP Loan information for Mountain laurel chalets inc

$120,700

Mountain laurel chalets inc was initially approved for PPP Loan of amount $120,700, the current approved amount is $120,700. The loan was approved on 04/15/2020 by The Mountain Commerce Bank reported 11 jobs and $120,700 was used to fund payroll.

Mountain laurel chalets inc is Existing or more than 2 years old

PPP Loan Search / TN / GATLINBURG / Mountain laurel chalets inc

MOUNTAIN LAUREL CHALETS INC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MOUNTAIN LAUREL CHALETS INC

Borrower Address

440 SKI MOUNTAIN RD

Borrower City

GATLINBURG

Borrower State

TN

Borrower Zip

37738-3145

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120700.00

Current Approval Amount

120700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GATLINBURG

Project County Name

SEVIER

Project State

TN

Project Zip

37738-3145

CD

TN-01

Jobs Reported

11

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6035.00

Payroll Proceed

102595.00

Mortgage Interest Proceed

12070.00

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

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122074.64

Forgiveness Date

06/08/2021

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