# PPP loan: BLACK MOUNTAIN INVESTMENT MANAGEMENT
> **$171K** approved 04/11/2020 · Paid in Full · Loan `2879057106`
## Borrower
- **Name:** BLACK MOUNTAIN INVESTMENT MANAGEMENT
- **Address:** 8325 W HAPPY VALLEY RD, PEORIA, AZ, 85383-4318
- **NAICS:** 551112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Mortgage interest:** $14K
- **Utilities:** $14K
- **Debt interest:** $14K
- **Jobs reported:** 7
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*