PPP Loan information for North dakota association of rural electric cooperatives

$497,781

North dakota association of rural electric cooperatives was initially approved for PPP Loan of amount $497,781, the current approved amount is $497,781. The loan was approved on 03/25/2021 by The Starion Bank reported 21 jobs and $497,781 was used to fund payroll.

North dakota association of rural electric cooperatives is Existing or more than 2 years old

PPP Loan Search / ND / Mandan / North dakota association of rural electric cooperatives

NORTH DAKOTA ASSOCIATION OF RURAL ELECTRIC COOPERATIVES

Date Approved

03/25/2021

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NORTH DAKOTA ASSOCIATION OF RURAL ELECTRIC COOPERATIVES

Borrower Address

3201 Nygren Dr NW

Borrower City

Mandan

Borrower State

ND

Borrower Zip

58554-1480

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

497780.65

Current Approval Amount

497780.65

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

Mandan

Project County Name

MORTON

Project State

ND

Project Zip

58554-1480

CD

ND-

Jobs Reported

21

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

497778.65

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

118060

Originating Lender

Starion Bank

Originating Lender City

BISMARCK

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

499880.88

Forgiveness Date

09/01/2021

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