Date Approved
04/04/2020
SBA Office Code
0885
Processing Method
PPP
Borrower Name
MERCANTILE INVESTORS, LLC
Borrower Address
20 N TRACY AVE
Borrower City
BOZEMAN
Borrower State
MT
Borrower Zip
59715-3555
Loan Status Date
03/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
366300.00
Current Approval Amount
324700.00
Undisbursed Amount
0.00
Franchise Name
Residence Inn by Marriott
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
Servicing Lender Zip
59301-3122
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GALLATIN
Project State
Project Zip
CD
MT-01
Jobs Reported
47
NAICS Code
531390
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
19813.03
Payroll Proceed
283683.08
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
21203.89
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
327092.99
Forgiveness Date
01/08/2021