PPP Loan information for Ravalli economic development authority

$20,100

Ravalli economic development authority was initially approved for PPP Loan of amount $21,400, the current approved amount is $20,100. The loan was approved on 04/09/2020 by The Farmers State Bank reported 2 jobs and $20,100 was used to fund payroll.

Ravalli economic development authority is Existing or more than 2 years old

PPP Loan Search / MT / HAMILTON / Ravalli economic development authority

RAVALLI ECONOMIC DEVELOPMENT AUTHORITY

Date Approved

04/09/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

RAVALLI ECONOMIC DEVELOPMENT AUTHORITY

Borrower Address

274 OLD CORVALLIS RD Ste A

Borrower City

HAMILTON

Borrower State

MT

Borrower Zip

59840-3213

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21400.00

Current Approval Amount

20100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42012

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

103 Main St

Servicing Lender City

VICTOR

Servicing Lender State

MT

Servicing Lender Zip

59875-9490

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMILTON

Project County Name

RAVALLI

Project State

MT

Project Zip

59840-3213

CD

MT-01

Jobs Reported

2

NAICS Code

926110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20100.00

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

42012

Originating Lender

Farmers State Bank

Originating Lender City

VICTOR

Originating Lender State

MT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

20314.77

Forgiveness Date

05/13/2021

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