PPP Loan information for Montana community development corporation

$491,700

Montana community development corporation was initially approved for PPP Loan of amount $491,700, the current approved amount is $491,700. The loan was approved on 04/04/2020 by The Glacier Bank reported 28 jobs and $491,700 was used to fund payroll.

Montana community development corporation is Existing or more than 2 years old

MONTANA COMMUNITY DEVELOPMENT CORPORATION

Date Approved

04/04/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

MONTANA COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

229 E MAIN ST

Borrower City

MISSOULA

Borrower State

MT

Borrower Zip

59802-4423

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

491700.00

Current Approval Amount

491700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MISSOULA

Project County Name

MISSOULA

Project State

MT

Project Zip

59802-4423

CD

MT-01

Jobs Reported

28

NAICS Code

926110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

491700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

494986.98

Forgiveness Date

12/15/2020

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