PPP Loan information for Mclean electric cooperative inc.
$518,131
Mclean electric cooperative inc. was initially approved for PPP Loan of amount $518,131, the current approved amount is $518,131. The loan was approved on 02/25/2021 by The CoBank ACB reported 23 jobs and $518,131 was used to fund payroll.
Mclean electric cooperative inc. is Existing or more than 2 years old
MCLEAN ELECTRIC COOPERATIVE INC.
Date Approved
02/25/2021
SBA Office Code
0875
Processing Method
PPP
Borrower Name
MCLEAN ELECTRIC COOPERATIVE INC.
Borrower Address
4031 Highway 37 Byp
Borrower City
Garrison
Borrower State
ND
Borrower Zip
58540-9447
Loan Status Date
10/14/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
518131.02
Current Approval Amount
518131.02
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
194499
Servicing Lender Name
CoBank ACB
Servicing Lender Address
6340 S Fiddlers Green Cir #1908
Servicing Lender City
Greenwood Village
Servicing Lender State
CO
Servicing Lender Zip
80111
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Garrison
Project County Name
MCLEAN
Project State
ND
Project Zip
58540-9447
CD
ND-
Jobs Reported
23
NAICS Code
221122
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
518131.02
Mortgage Interest Proceed
0.00
Rent Proceed
0.00
Refinance EIDL Proceed
0.00
Health Care Proceed
0.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
194499
Originating Lender
CoBank ACB
Originating Lender City
Greenwood Village
Originating Lender State
CO
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
520721.68
Forgiveness Date
09/02/2021