PPP Loan information for Barrow utilities and electric cooperative inc

$1,420,687

Barrow utilities and electric cooperative inc was initially approved for PPP Loan of amount $1,420,687, the current approved amount is $1,420,687. The loan was approved on 06/16/2020 by The Native American Bank, National Association reported 72 jobs and $1,420,687 was used to fund payroll.

Barrow utilities and electric cooperative inc is Existing or more than 2 years old

BARROW UTILITIES AND ELECTRIC COOPERATIVE INC

Date Approved

06/16/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

BARROW UTILITIES AND ELECTRIC COOPERATIVE INC

Borrower Address

PO Box 449/ 1295 Agvik st

Borrower City

BARROW

Borrower State

AK

Borrower Zip

99723

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1420687.00

Current Approval Amount

1420687.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110655

Servicing Lender Name

Native American Bank, National Association

Servicing Lender Address

201 N Broadway

Servicing Lender City

DENVER

Servicing Lender State

CO

Servicing Lender Zip

80203-3918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARROW

Project County Name

NORTH SLOPE

Project State

AK

Project Zip

99723-0001

CD

AK-

Jobs Reported

72

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

217122.00

Payroll Proceed

1186126.00

Mortgage Interest Proceed

0.00

Rent Proceed

17439.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

110655

Originating Lender

Native American Bank, National Association

Originating Lender City

DENVER

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1434777.10

Forgiveness Date

06/22/2021

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