GEORGE STEELE & CO. BUTTE (MT) - 2020 PPP Loan Borrower Profile (# 1032387100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GEORGE STEELE & CO. BUTTE. 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

1032387100

SBA Office Code

0885

Processing Method

PPP

Curent Loan Amount

$258,300

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$260,189.48

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

30,000

Payroll Proced

207,000

Mortgage Interest Proceed

21,300

Lender

Madison Valley Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

337125

Borrower Location

BUTTE, MT

Project Location

BUTTE, MT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.