PPP Loan information for North central electric cooperative, inc.

$634,725

North central electric cooperative, inc. was initially approved for PPP Loan of amount $634,725, the current approved amount is $634,725. The loan was approved on 04/07/2020 by The First National Bank and Trust Co. of Bottineau reported 34 jobs and $634,725 was used to fund payroll.

North central electric cooperative, inc. is Existing or more than 2 years old

NORTH CENTRAL ELECTRIC COOPERATIVE, INC.

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NORTH CENTRAL ELECTRIC COOPERATIVE, INC.

Borrower Address

538 11th Street W.

Borrower City

BOTTINEAU

Borrower State

ND

Borrower Zip

58318-1911

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

634724.90

Current Approval Amount

634724.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52682

Servicing Lender Name

First National Bank and Trust Co. of Bottineau

Servicing Lender Address

424 Main St

Servicing Lender City

BOTTINEAU

Servicing Lender State

ND

Servicing Lender Zip

58318-1230

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOTTINEAU

Project County Name

BOTTINEAU

Project State

ND

Project Zip

58318-1911

CD

ND-

Jobs Reported

34

NAICS Code

221122

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

634724.90

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

52682

Originating Lender

First National Bank and Trust Co. of Bottineau

Originating Lender City

BOTTINEAU

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

638286.41

Forgiveness Date

11/03/2020

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