PPP Loan information for Cavalier rural electric cooperative, inc.

$307,000

Cavalier rural electric cooperative, inc. was initially approved for PPP Loan of amount $307,000, the current approved amount is $307,000. The loan was approved on 06/25/2020 by The CoBank ACB reported 12 jobs and $307,000 was used to fund payroll.

Cavalier rural electric cooperative, inc. is Unanswered

PPP Loan Search / ND / LANGDON / Cavalier rural electric cooperative, inc.

CAVALIER RURAL ELECTRIC COOPERATIVE, INC.

Date Approved

06/25/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

CAVALIER RURAL ELECTRIC COOPERATIVE, INC.

Borrower Address

1111 9TH AVE

Borrower City

LANGDON

Borrower State

ND

Borrower Zip

58249-1903

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

307000.00

Current Approval Amount

307000.00

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

Unanswered

Project City

LANGDON

Project County Name

CAVALIER

Project State

ND

Project Zip

58249-1903

CD

ND-

Jobs Reported

12

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307000.00

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

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

309737.42

Forgiveness Date

05/21/2021

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