PPP Loan information for Montrose community foundation

$24,300

Montrose community foundation was initially approved for PPP Loan of amount $24,300, the current approved amount is $24,300. The loan was approved on 04/09/2020 by The Timberline Bank reported 3 jobs and $24,300 was used to fund payroll.

Montrose community foundation is Existing or more than 2 years old

MONTROSE COMMUNITY FOUNDATION

Date Approved

04/09/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MONTROSE COMMUNITY FOUNDATION

Borrower Address

1561 OXBOW DR

Borrower City

MONTROSE

Borrower State

CO

Borrower Zip

81401-4700

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24300.00

Current Approval Amount

24300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTROSE

Project County Name

MONTROSE

Project State

CO

Project Zip

81401-4700

CD

CO-03

Jobs Reported

3

NAICS Code

813410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2430.00

Payroll Proceed

21870.00

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

Non-Profit Organization

Originating Lender Location Id

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

24497.10

Forgiveness Date

02/04/2021

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