7-ELECTRIC LLC (MT) - 2020 PPP Loan Borrower Profile (# 8134837009)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 7-ELECTRIC LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Montana.
Loan Detail
Loan Number
8134837009
SBA Office Code
0885
Processing Method
PPP
Curent Loan Amount
$51,000
Date Loan was Approved
Apr 8, 2020
Amount Forgiven
$51,359.1
Date Loan was Forgiven
Feb 16, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
51,000
Lender
Glacier Bank
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
238210
Borrower Location
FAIRFIELD, MT
Project Location
FAIRFIELD, MT
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
5
Business Age Description
Existing or more than 2 years old
Data Source: SBA.