PPP Loan Data — North Montana Ave Partnership, Helena, MT
North Montana Ave Partnership is a partnership located at 1414 North Montana Ave in Helena, Montana that received a Coronavirus-related PPP loan from the SBA of $2,486,660.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST INTERSTATE BANK
North Montana Ave Partnership received a Paycheck Protection Loan of $2.49M through FIRST INTERSTATE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, North Montana Ave Partnership's total 2019 payroll expenses were approximately $11.94M in order to qualify for the PPP loan amount received.
Based on their reported 268 jobs retained, this equals an estimated average yearly compensation of $44,537 per employee1.
Business Information - North Montana Ave Partnership in Helena, MT
1414 North Montana Ave
Helena, MT 59601
General Freight Trucking, Local (NAICS code 484110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MT-
Similar Companies near Helena
In the Helena area, 2 businesses in the "General Freight Trucking, Local" industry received a PPP loan. These local businesses reported an average of 142 employees (compared to this company's 268) and received an average PPP loan of $1,313,330 (compared to this company's $2.49M).
Similar Nearby Businesses Who Received PPP Funding:
Big Sky Trucking Inc
Industry PPP Comparison Statistics
Nationwide, 63,007 businesses in the "General Freight Trucking, Local" industry received a total of $3,835,780,964.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than North Montana Ave Partnership's reported 268 employees, and received an average PPP loan of $60,879, 98% lower than this company's loan of $2.49M.
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Footnotes & Information
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