PPP Loan information for Nodak electric cooperative, inc.

$1,518,414

Nodak electric cooperative, inc. was initially approved for PPP Loan of amount $1,518,414, the current approved amount is $1,518,414. The loan was approved on 06/01/2020 by The CoBank ACB reported 65 jobs and $1,518,414 was used to fund payroll.

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

PPP Loan Search / ND / GRAND FORKS / Nodak electric cooperative, inc.

NODAK ELECTRIC COOPERATIVE, INC.

Date Approved

06/01/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NODAK ELECTRIC COOPERATIVE, INC.

Borrower Address

4000 32ND AVE SOUTH

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201-5944

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1518414.41

Current Approval Amount

1518414.41

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-5944

CD

ND-

Jobs Reported

65

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1518414.41

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

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1531869.25

Forgiveness Date

04/26/2021

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