PPP Loan information for South mountain co inc

$785,700

South mountain co inc was initially approved for PPP Loan of amount $785,700, the current approved amount is $785,700. The loan was approved on 04/09/2020 by The Martha's Vineyard Bank reported 37 jobs and $785,700 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

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOUTH MOUNTAIN CO INC

Borrower Address

15 RED ARROW RD PO BOX 1260

Borrower City

WEST TISBURY

Borrower State

MA

Borrower Zip

02575-0001

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

785700.00

Current Approval Amount

785700.00

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

N

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

02575-0001

CD

MA-09

Jobs Reported

37

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

785700.00

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

790737.09

Forgiveness Date

12/09/2020

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