PPP Loan information for Northern plains electric cooperative

$1,129,200

Northern plains electric cooperative was initially approved for PPP Loan of amount $1,097,900, the current approved amount is $1,129,200. The loan was approved on 05/15/2020 by The Bravera Bank reported 42 jobs and $1,129,200 was used to fund payroll.

Northern plains electric cooperative is Existing or more than 2 years old

NORTHERN PLAINS ELECTRIC COOPERATIVE

Date Approved

05/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NORTHERN PLAINS ELECTRIC COOPERATIVE

Borrower Address

1515 West Main

Borrower City

CARRINGTON

Borrower State

ND

Borrower Zip

58421

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1097900.00

Current Approval Amount

1129200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52678

Servicing Lender Name

Bravera Bank

Servicing Lender Address

220 1st Ave West

Servicing Lender City

DICKINSON

Servicing Lender State

ND

Servicing Lender Zip

58601-5104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARRINGTON

Project County Name

FOSTER

Project State

ND

Project Zip

58421-0001

CD

ND-

Jobs Reported

42

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1129200.00

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

Non-Profit Organization

Originating Lender Location Id

52678

Originating Lender

Bravera Bank

Originating Lender City

DICKINSON

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1138852.34

Forgiveness Date

03/29/2021

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