PPP Loan information for Outback power company

$407,940

Outback power company was initially approved for PPP Loan of amount $407,940, the current approved amount is $407,940. The loan was approved on 04/07/2020 by The Independence Bank reported 13 jobs and $407,940 was used to fund payroll.

Outback power company is Existing or more than 2 years old

PPP Loan Search / MT / GREAT FALLS / Outback power company

OUTBACK POWER COMPANY

Date Approved

04/07/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

OUTBACK POWER COMPANY

Borrower Address

3101 VAUGHN ROAD

Borrower City

GREAT FALLS

Borrower State

MT

Borrower Zip

59404-5800

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

407940.00

Current Approval Amount

407940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41936

Servicing Lender Name

Independence Bank

Servicing Lender Address

435 3rd St

Servicing Lender City

HAVRE

Servicing Lender State

MT

Servicing Lender Zip

59501-3613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREAT FALLS

Project County Name

CASCADE

Project State

MT

Project Zip

59404-5800

CD

MT-02

Jobs Reported

13

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

688.00

Payroll Proceed

375470.00

Mortgage Interest Proceed

0.00

Rent Proceed

31782.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

41936

Originating Lender

Independence Bank

Originating Lender City

HAVRE

Originating Lender State

MT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

412645.28

Forgiveness Date

06/11/2021

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