GROSVOLD LOGGING (MT) - 2020 PPP Loan Borrower Profile (# 3087957101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GROSVOLD LOGGING. 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

3087957101

SBA Office Code

0885

Processing Method

PPP

Curent Loan Amount

$28,250

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$28,481.49

Date Loan was Forgiven

Feb 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

28,250

Lender

First Montana Bank, Inc.

Business Detail

Business Type

Sole Proprietorship

NAICS

113310

Borrower Location

ANACONDA, MT

Project Location

ANACONDA, MT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.