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PPP Loan Data — Beartooth Lighting Design PLLC, Bozeman, MT

SBA PPP loan data, payroll data, and salaries for Beartooth Lighting Design PLLC
MT

Beartooth Lighting Design PLLC

Entity: Sole Proprietorship

Industry: Interior Design Services

Location: Bozeman, MT

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Beartooth Lighting Design PLLC is a sole proprietorship located in Bozeman, Montana that received a Coronavirus-related PPP loan from the SBA of $20,800.00 in July, 2020.

The company has reported itself as a male owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #6833688106

Loan Size:

$20,800

Jobs Retained:

1

Loan Approved:

2020-07-22

Loan Status:

Ongoing Loan

Lender:

Stockman Bank of Montana

Beartooth Lighting Design PLLC in Bozeman, MT received a Paycheck Protection Loan of $20,800 through Stockman Bank of Montana, which was approved in July, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA. The loan's status was last updated by the SBA in November, -0001.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Beartooth Lighting Design PLLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $12,480
  • Rent: $4,120
  • Health Care: $4,200

Business Information - Beartooth Lighting Design PLLC in Bozeman, MT

Beartooth Lighting Design PLLC
Bozeman, MT
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Interior Design Services
NAICS code 541410

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Unreported

Business Demographics

Business Age: New Business or 2 years or less

LMI Zone: Y

HUBZone: Y

Rural / Urban: Rural

Gallatin County, MT — SBA Office 0885 — Congressional District: MT-

Similar Companies near Bozeman

In the Bozeman area, 13 businesses in the "Interior Design Services" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 1) and received an average PPP loan of $75,698 (compared to this company's $20,800).

Industry PPP Comparison Statistics

Nationwide, 28,441 businesses in the "Interior Design Services" industry received a total of $993.26M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 3 employees, 200% higher than Beartooth Lighting Design PLLC's reported 1 employees, and received an average PPP loan of $34,924, 68% higher than this company's loan of $20,800.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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Footnotes & Information

1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/beartooth-lighting-design-pllc-bozeman-mt