# PPP loan: BLUE MOUNTAIN ENTERPRISES, INC.
> **$265K** approved 05/01/2020 · Paid in Full · Loan `8725517303`
## Borrower
- **Name:** BLUE MOUNTAIN ENTERPRISES, INC.
- **Address:** 4000 Commerce Dr, Kinston, NC, 28504
- **NAICS:** 311942
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $271K (102%)
- **Forgiveness date:** 07/12/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 38
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*