PPP Loan information for Powder keg

$73,000

Powder keg was initially approved for PPP Loan of amount $73,000, the current approved amount is $73,000. The loan was approved on 04/08/2020 by The Merchants Bank reported 15 jobs and $73,000 was used to fund payroll.

Powder keg is Existing or more than 2 years old

POWDER KEG

Date Approved

04/08/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

POWDER KEG

Borrower Address

PO BOX 431

Borrower City

FAIRVIEW

Borrower State

MT

Borrower Zip

59221-0431

Loan Status Date

11/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73000.00

Current Approval Amount

73000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52945

Servicing Lender Name

Merchants Bank

Servicing Lender Address

210 S Main Ave

Servicing Lender City

RUGBY

Servicing Lender State

ND

Servicing Lender Zip

58368-1721

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRVIEW

Project County Name

RICHLAND

Project State

MT

Project Zip

59221-0431

CD

MT-02

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5840.00

Payroll Proceed

58400.00

Mortgage Interest Proceed

0.00

Rent Proceed

8760.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

52945

Originating Lender

Merchants Bank

Originating Lender City

RUGBY

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

63320.25

Forgiveness Date

10/15/2020

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