HOTEL INC (MT) - 2020 PPP Loan Borrower Profile (# 7698648302)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to HOTEL 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
7698648302
SBA Office Code
0885
Processing Method
PPS
Curent Loan Amount
$309,827
Date Loan was Approved
Jan 28, 2021
Amount Forgiven
$312,339.57
Date Loan was Forgiven
Dec 6, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
309,825
Lender
First Interstate Bank
Business Detail
Business Type
Corporation
NAICS
721110
Borrower Location
Helena, MT
Project Location
Helena, MT
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
22
Business Age Description
Existing or more than 2 years old
Data Source: SBA.