PPP Loan information for Butte electric cooperative inc

$279,286

Butte electric cooperative inc was initially approved for PPP Loan of amount $279,286, the current approved amount is $279,286. The loan was approved on 05/01/2021 by The First National Bank reported 22 jobs and $279,286 was used to fund payroll.

Butte electric cooperative inc is Existing or more than 2 years old

PPP Loan Search / SD / NEWELL / Butte electric cooperative inc

BUTTE ELECTRIC COOPERATIVE INC

Date Approved

05/01/2021

SBA Office Code

0876

Processing Method

PPP

Borrower Name

BUTTE ELECTRIC COOPERATIVE INC

Borrower Address

109 S. DARTMOUTH AVENUE

Borrower City

NEWELL

Borrower State

SD

Borrower Zip

57760

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

279286.00

Current Approval Amount

279286.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66562

Servicing Lender Name

First National Bank

Servicing Lender Address

307 Hustan Ave

Servicing Lender City

FORT PIERRE

Servicing Lender State

SD

Servicing Lender Zip

57532-5201

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWELL

Project County Name

BUTTE

Project State

SD

Project Zip

57760

CD

SD-

Jobs Reported

22

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

279282.00

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

Corporation

Originating Lender Location Id

66562

Originating Lender

First National Bank

Originating Lender City

FORT PIERRE

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

280632.69

Forgiveness Date

10/29/2021

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