PPP Loan information for South mountain co inc

$712,000

South mountain co inc was initially approved for PPP Loan of amount $712,000, the current approved amount is $712,000. The loan was approved on 03/13/2021 by The Martha's Vineyard Bank reported 37 jobs and $712,000 was used to fund payroll.

South mountain co inc is Existing or more than 2 years old

PPP Loan Search / MA / WEST TISBURY / South mountain co inc

SOUTH MOUNTAIN CO INC

Date Approved

03/13/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SOUTH MOUNTAIN CO INC

Borrower Address

15 RED ARROW RD

Borrower City

WEST TISBURY

Borrower State

MA

Borrower Zip

02575

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

712000.00

Current Approval Amount

712000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32770

Servicing Lender Name

Martha's Vineyard Bank

Servicing Lender Address

78 Main St

Servicing Lender City

EDGARTOWN

Servicing Lender State

MA

Servicing Lender Zip

02539

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST TISBURY

Project County Name

DUKES

Project State

MA

Project Zip

02575

CD

MA-09

Jobs Reported

37

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

712000.00

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

Cooperative

Originating Lender Location Id

32770

Originating Lender

Martha's Vineyard Bank

Originating Lender City

EDGARTOWN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

715433.21

Forgiveness Date

09/09/2021

;