PPP Loan information for Lower yellowstone rural electric cooperative inc

Date Approved

04/08/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

LOWER YELLOWSTONE RURAL ELECTRIC COOPERATIVE INC

Borrower Address

PO BOX 1047

Borrower City

SIDNEY

Borrower State

MT

Borrower Zip

59270-1047

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

617100.00

Current Approval Amount

617100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41971

Servicing Lender Name

Stockman Bank of Montana

Servicing Lender Address

700 Main St

Servicing Lender City

MILES CITY

Servicing Lender State

MT

Servicing Lender Zip

59301-3122

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIDNEY

Project County Name

RICHLAND

Project State

MT

Project Zip

59270-1047

CD

MT-02

Jobs Reported

31

NAICS Code

221122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30855.00

Payroll Proceed

462825.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

123420.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

41971

Originating Lender

Stockman Bank of Montana

Originating Lender City

MILES CITY

Originating Lender State

MT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

621428.15

Forgiveness Date

12/23/2020