PPP Loan information for Niobrara electric association

$471,000

Niobrara electric association was initially approved for PPP Loan of amount $471,000, the current approved amount is $471,000. The loan was approved on 04/30/2020 by The Sandhills State Bank reported 23 jobs and $471,000 was used to fund payroll.

Niobrara electric association is Existing or more than 2 years old

NIOBRARA ELECTRIC ASSOCIATION

Date Approved

04/30/2020

SBA Office Code

0897

Processing Method

PPP

Borrower Name

NIOBRARA ELECTRIC ASSOCIATION

Borrower Address

3951 US Highway 20

Borrower City

LUSK

Borrower State

WY

Borrower Zip

82225-0001

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

471000.00

Current Approval Amount

471000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42060

Servicing Lender Name

Sandhills State Bank

Servicing Lender Address

202 Clark St

Servicing Lender City

BASSETT

Servicing Lender State

NE

Servicing Lender Zip

68714

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUSK

Project County Name

NIOBRARA

Project State

WY

Project Zip

82225-0001

CD

WY-

Jobs Reported

23

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

316000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

120000.00

Debt Interest Proceed

10000

Business Type

Cooperative

Originating Lender Location Id

42060

Originating Lender

Sandhills State Bank

Originating Lender City

BASSETT

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

473368.08

Forgiveness Date

11/03/2020

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