GALLATIN MOTOR COMPANY, LLC (MT) - 2020 PPP Loan Borrower Profile (# 3591917110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GALLATIN MOTOR COMPANY, 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

3591917110

SBA Office Code

0885

Processing Method

PPP

Curent Loan Amount

$542,400

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$547,628.13

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

67,800

Payroll Proced

406,800

Rent Proceed

67,800

Lender

Alerus Financial, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441110

Borrower Location

BOZEMAN, MT

Project Location

BOZEMAN, MT

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.