PPP Loan information for Sheridan electric co-op., inc.

$588,700

Sheridan electric co-op., inc. was initially approved for PPP Loan of amount $588,700, the current approved amount is $588,700. The loan was approved on 05/18/2020 by The Rocky Mountain Bank reported 40 jobs and $588,700 was used to fund payroll.

Sheridan electric co-op., inc. is Existing or more than 2 years old

PPP Loan Search / MT / MEDICINE LAKE / Sheridan electric co-op., inc.

SHERIDAN ELECTRIC CO-OP., INC.

Date Approved

05/18/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

SHERIDAN ELECTRIC CO-OP., INC.

Borrower Address

6408 HWY 16 S

Borrower City

MEDICINE LAKE

Borrower State

MT

Borrower Zip

59247

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588700.00

Current Approval Amount

588700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41872

Servicing Lender Name

Rocky Mountain Bank

Servicing Lender Address

2615 King Ave West

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59102-6427

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDICINE LAKE

Project County Name

SHERIDAN

Project State

MT

Project Zip

59247-0001

CD

MT-02

Jobs Reported

40

NAICS Code

926130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

588700.00

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

Cooperative

Originating Lender Location Id

41872

Originating Lender

Rocky Mountain Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

592135.43

Forgiveness Date

12/22/2020

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