# PPP loan: REESE & RAY'S IGA
> **$260K** approved 04/03/2020 · Paid in Full · Loan `4542857005`
## Borrower
- **Name:** REESE & RAY'S IGA
- **Address:** 203 2ND ST NW, SIDNEY, MT, 59270-4011
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $257K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Jobs reported:** 49
## Lender
- **Originating:** Stockman Bank of Montana
- **Servicing:** Stockman Bank of Montana (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*