PPP Loan information for Innovative energy alliance cooperative, inc

$551,500

Innovative energy alliance cooperative, inc was initially approved for PPP Loan of amount $551,500, the current approved amount is $551,500. The loan was approved on 04/03/2020 by The Starion Bank reported 24 jobs and $551,500 was used to fund payroll.

Innovative energy alliance cooperative, inc is Existing or more than 2 years old

PPP Loan Search / ND / NEW ENGLAND / Innovative energy alliance cooperative, inc

INNOVATIVE ENERGY ALLIANCE COOPERATIVE, INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

INNOVATIVE ENERGY ALLIANCE COOPERATIVE, INC

Borrower Address

116 E 12th St

Borrower City

NEW ENGLAND

Borrower State

ND

Borrower Zip

58647-7208

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

551500.00

Current Approval Amount

551500.00

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

NEW ENGLAND

Project County Name

HETTINGER

Project State

ND

Project Zip

58647-7208

CD

ND-

Jobs Reported

24

NAICS Code

926130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

551500.00

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

557392.74

Forgiveness Date

05/06/2021

;