BOB PHALEN FARM (MT) - 2020 PPP Loan Borrower Profile (# 6547067307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOB PHALEN FARM. 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

6547067307

SBA Office Code

0885

Processing Method

PPP

Curent Loan Amount

$25,832

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$26,028.04

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,457

Payroll Proced

19,375

Lender

Stockman Bank of Montana

Business Detail

Business Type

Sole Proprietorship

NAICS

112111

Borrower Location

LINDSAY, MT

Project Location

LINDSAY, MT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.