PPP Loan information for Fergus electric cooperative, inc.

$874,900

Fergus electric cooperative, inc. was initially approved for PPP Loan of amount $874,900, the current approved amount is $874,900. The loan was approved on 04/08/2020 by The Stockman Bank of Montana reported 28 jobs and $874,900 was used to fund payroll.

Fergus electric cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / MT / LEWISTOWN / Fergus electric cooperative, inc.

FERGUS ELECTRIC COOPERATIVE, INC.

Date Approved

04/08/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

FERGUS ELECTRIC COOPERATIVE, INC.

Borrower Address

84423 US HIGHWAY 87

Borrower City

LEWISTOWN

Borrower State

MT

Borrower Zip

59457-2058

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

874900.00

Current Approval Amount

874900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41971

Servicing Lender Name

Stockman Bank of Montana

Servicing Lender Address

700 Main St

Servicing Lender City

MILES CITY

Servicing Lender State

MT

Servicing Lender Zip

59301-3122

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEWISTOWN

Project County Name

FERGUS

Project State

MT

Project Zip

59457-2058

CD

MT-02

Jobs Reported

28

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

656175.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

218725.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

41971

Originating Lender

Stockman Bank of Montana

Originating Lender City

MILES CITY

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

884463.98

Forgiveness Date

05/21/2021

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