BLACK MOUNTAIN INVESTMENT MANAGEMENT (AZ) - 2020 PPP Loan Borrower Profile (# 2879057106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLACK MOUNTAIN INVESTMENT MANAGEMENT. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Arizona.

Loan Detail

Loan Number

2879057106

SBA Office Code

0988

Processing Method

PPP

Curent Loan Amount

$171,300

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$173,574.48

Date Loan was Forgiven

Aug 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

14,300

Payroll Proced

128,400

Mortgage Interest Proceed

14,300

Debt Interest Proceed

14,300

Lender

Alerus Financial, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

551112

Borrower Location

PEORIA, AZ

Project Location

PEORIA, AZ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.