PPP Loan information for Border steel and recycling inc

$498,000

Border steel and recycling inc was initially approved for PPP Loan of amount $498,000, the current approved amount is $498,000. The loan was approved on 04/15/2020 by The Stockman Bank of Montana reported 37 jobs and $498,000 was used to fund payroll.

Border steel and recycling inc is Existing or more than 2 years old

BORDER STEEL AND RECYCLING INC

Date Approved

04/15/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

BORDER STEEL AND RECYCLING INC

Borrower Address

2703 TOWNE ST

Borrower City

GLENDIVE

Borrower State

MT

Borrower Zip

59330-9594

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

498000.00

Current Approval Amount

498000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41971

Servicing Lender Name

Stockman Bank of Montana

Servicing Lender Address

700 Main St

Servicing Lender City

MILES CITY

Servicing Lender State

MT

Servicing Lender Zip

59301-3122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLENDIVE

Project County Name

DAWSON

Project State

MT

Project Zip

59330-9594

CD

MT-02

Jobs Reported

37

NAICS Code

423930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3500.00

Payroll Proceed

414500.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

62000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

41971

Originating Lender

Stockman Bank of Montana

Originating Lender City

MILES CITY

Originating Lender State

MT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

501219.95

Forgiveness Date

12/10/2020

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