# PPP loan: OUTBACK POWER COMPANY
> **$408K** approved 04/07/2020 · Paid in Full · Loan `7464787005`
## Borrower
- **Name:** OUTBACK POWER COMPANY
- **Address:** 3101 VAUGHN ROAD, GREAT FALLS, MT, 59404-5800
- **NAICS:** 237130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Rent:** $32K
- **Utilities:** $688
- **Jobs reported:** 13
## Lender
- **Originating:** Independence Bank
- **Servicing:** Independence Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*