# PPP loan: BELMONT MANAGEMENT COMPANY INC
> **$1.31M** approved 04/06/2020 · Paid in Full · Loan `5699347008`
## Borrower
- **Name:** BELMONT MANAGEMENT COMPANY INC
- **Address:** PO BOX 5900, FORT SMITH, AR, 72913-5900
- **NAICS:** 561110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Jobs reported:** 219
## Lender
- **Originating:** Sterling Bank
- **Servicing:** Sterling Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*