PPP Loan information for Ravalli county electric cooperative, inc

$716,700

Ravalli county electric cooperative, inc was initially approved for PPP Loan of amount $716,700, the current approved amount is $716,700. The loan was approved on 04/14/2020 by The TrailWest Bank reported 31 jobs and $716,700 was used to fund payroll.

Ravalli county electric cooperative, inc is Existing or more than 2 years old

RAVALLI COUNTY ELECTRIC COOPERATIVE, INC

Date Approved

04/14/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

RAVALLI COUNTY ELECTRIC COOPERATIVE, INC

Borrower Address

143 BELL XING

Borrower City

VICTOR

Borrower State

MT

Borrower Zip

59875-9529

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

716700.00

Current Approval Amount

716700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41962

Servicing Lender Name

TrailWest Bank

Servicing Lender Address

11300 US Hwy 93 South, Ste D

Servicing Lender City

LOLO

Servicing Lender State

MT

Servicing Lender Zip

59847-9806

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VICTOR

Project County Name

RAVALLI

Project State

MT

Project Zip

59875-9529

CD

MT-01

Jobs Reported

31

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

89588.00

Payroll Proceed

537525.00

Mortgage Interest Proceed

0.00

Rent Proceed

89587.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

41962

Originating Lender

TrailWest Bank

Originating Lender City

LOLO

Originating Lender State

MT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

722315.79

Forgiveness Date

02/02/2021

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