AMERICAN FORD INC (MT) - 2020 PPP Loan Borrower Profile (# 7490327000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN FORD INC. 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

7490327000

SBA Office Code

0885

Processing Method

PPP

Curent Loan Amount

$263,900

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$266,690.83

Date Loan was Forgiven

May 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,500

Payroll Proced

208,900

Rent Proceed

30,000

Health Care Proceed

17,500

Lender

Stockman Bank of Montana

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

GLENDIVE, MT

Project Location

GLENDIVE, MT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.