PPP Loan information for Mor-gran-sou electric cooperative, inc

$650,300

Mor-gran-sou electric cooperative, inc was initially approved for PPP Loan of amount $650,300, the current approved amount is $650,300. The loan was approved on 04/03/2020 by The Starion Bank reported 23 jobs and $650,300 was used to fund payroll.

Mor-gran-sou electric cooperative, inc is Existing or more than 2 years old

MOR-GRAN-SOU ELECTRIC COOPERATIVE, INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MOR-GRAN-SOU ELECTRIC COOPERATIVE, INC

Borrower Address

202 6TH AVE

Borrower City

FLASHER

Borrower State

ND

Borrower Zip

58535-7131

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

650300.00

Current Approval Amount

650300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118060

Servicing Lender Name

Starion Bank

Servicing Lender Address

333 N 4th St

Servicing Lender City

BISMARCK

Servicing Lender State

ND

Servicing Lender Zip

58501-4020

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLASHER

Project County Name

MORTON

Project State

ND

Project Zip

58535-7131

CD

ND-

Jobs Reported

23

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

650300.00

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

Cooperative

Originating Lender Location Id

118060

Originating Lender

Starion Bank

Originating Lender City

BISMARCK

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

657462.21

Forgiveness Date

05/21/2021

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